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
painstakingtaking pains : expending, showing, or involving diligent care and effort
heterogeneousconsisting of dissimilar or diverse ingredients or constituents : mixed
impetusa driving force : impulse
wreakbring about
incorporateto unite or work into something already existent so as to form an indistinguishable whole
prehensileadapted for seizing or grasping especially by wrapping around
effusionan act of effusing
lackadaisicallacking life, spirit, or zest : languid
seasoneda time characterized by a particular circumstance or feature
obsequiousmarked by or exhibiting a fawning attentiveness