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
| Word | Meaning |
|---|---|
| guile | deceitful cunning : duplicity |
| avocation | a subordinate occupation pursued in addition to one's vocation especially for enjoyment : hobby |
| lethargic | of, relating to, or characterized by laziness or lack of energy : feeling or affected by lethargy : sluggish |
| intrepid | characterized by resolute fearlessness, fortitude, and endurance |
| prize | something offered or striven for in competition or in contests of chance |
| utopia | a place of ideal perfection especially in laws, government, and social conditions |
| voracious | having a huge appetite : ravenous |
| concurrent | operating or occurring at the same time |
| salvage | compensation paid for saving a ship or its cargo from the perils of the sea or for the lives and property rescued in a wreck |
| sovereignty | supreme power especially over a body politic |