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
lancea steel-tipped spear carried by mounted knights or light cavalry
egotismexcessive use of the first person singular personal pronoun
penancean act of self-abasement, mortification (see mortification
lollto hang loosely or laxly : droop
hazardousinvolving or exposing one to risk (as of loss or harm)
partitionthe action of parting : the state of being parted : division
panaceaa remedy for all ills or difficulties : cure-all
amassto collect for oneself : accumulate
implodeto burst inward
vigilantalertly watchful especially to avoid danger