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
politicpolitical
cuethe letter q
extraditionthe surrender of an alleged criminal usually under the provisions of a treaty or statute by one authority (such as a state) to another having jurisdiction to try the charge
slickhaving a smooth surface : slippery
surreptitiousdone, made, or acquired by stealth : clandestine
prehensileadapted for seizing or grasping especially by wrapping around
exorbitantnot coming within the scope of the law
lecheryinordinate (see inordinate
pernicioushighly injurious or destructive : deadly
felonone who has committed a felony