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
vetoan authoritative prohibition : interdiction
aestheticof, relating to, or dealing with aesthetics or the beautiful
plasticitythe quality or state of being plastic
ironicrelating to, containing, or constituting irony
phobiaan exaggerated usually inexplicable and illogical fear of a particular object, class of objects, or situation
skimto clear (a liquid) of scum or floating substance
braidto make from braids
preposterouscontrary to nature, reason, or common sense : absurd
incidentan occurrence of an action or situation that is a separate unit of experience : happening
wilyfull of wiles : crafty