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
hoaxto trick into believing or accepting as genuine something false and often preposterous
enigmasomething hard to understand or explain
casualsubject to, resulting from, or occurring by chance
hieroglyphicwritten in, constituting, or belonging to a system of writing mainly in pictorial characters
interregnumthe time during which a throne is vacant between two successive reigns or regimes
contemptthe act of despising : the state of mind of one who despises : disdain
versatileembracing a variety of subjects, fields, or skills
apathylack of feeling or emotion : impassiveness
corrodeto eat away by degrees as if by gnawing
gravitydignity or sobriety of bearing