GRE Word List

COLLATERAL

property (such as securities) pledged by a borrower to protect the interests of the lender

The meaning of the word collateral is property (such as securities) pledged by a borrower to protect the interests of the lender.

Random words

WordMeaning
underscoreto draw a line under : underline
afflictiona cause of persistent pain or distress
campa place usually away from urban areas where tents or simple buildings (such as cabins) are erected for shelter or for temporary residence (as for laborers, prisoners, or vacationers)
simplisticexcessively simple or simplified : treating a problem or subject with false simplicity by omitting or ignoring complicating factors or details
consolidationthe act or process of consolidating : the state of being consolidated
guffawa loud or boisterous burst of laughter
hirelinga person who serves for hire especially for purely mercenary motives
maculatedmarked with spots : blotched
domicilea dwelling place : place of residence : home
placidserenely free of interruption or disturbance