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
bogwet spongy ground
tumultdisorderly agitation or milling about of a crowd usually with uproar and confusion of voices : commotion
obduratestubbornly persistent in wrongdoing
excoriateto wear off the skin of : abrade
anthema song or hymn of praise or gladness
perpetualcontinuing forever : everlasting
defrockto deprive of the right to exercise the functions of office
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amenitiessomething that helps to provide comfort, convenience, or enjoyment
fetefestival