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
liabilitythe quality or state of being liable
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well-bredhaving or displaying the politeness and good manners associated especially with people of high social class
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