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
whorla drum-shaped section on the lower part of a spindle in spinning or weaving machinery serving as a pulley for the tape drive that rotates the spindle
peregrinationto travel especially on foot : walk
homogeneousof the same or a similar kind or nature
benevolentmarked by or disposed to doing good
nondescriptbelonging or appearing to belong to no particular class or kind : not easily described
phoenixa legendary bird which according to one account lived 500 years, burned itself to ashes on a pyre, and rose alive from the ashes to live another period
veneera thin sheet of a material: such as
rhetoricthe art of speaking or writing effectively: such as
spatulaa flat thin implement used especially for spreading or mixing soft substances, scooping, or lifting
pittancea small portion, amount, or allowance