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
supplicateto make a humble entreaty
shangri-laa remote beautiful imaginary place where life approaches perfection : utopia
drossthe scum or unwanted material that forms on the surface of molten metal
stippleto engrave by means of dots and flicks
soldera metal or metallic alloy used when melted to join metallic surfaces
plebiscitea vote by which the people of an entire country or district express an opinion for or against a proposal especially on a choice of government or ruler
pessimisman inclination to emphasize adverse aspects, conditions, and possibilities or to expect the worst possible outcome
gorycovered with gore : bloodstained
bombastpretentious inflated speech or writing
waiveto relinquish (something, such as a legal right) voluntarily