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
despondentfeeling or showing extreme discouragement, dejection, or depression
crassgross
addressto mark directions for delivery on
variegateto diversify in external appearance especially with different colors : dapple
primaryfirst in order of time or development : primitive
virtualbeing such in essence or effect though not formally recognized or admitted
phenomenaphenomenon
piousmarked by or showing reverence for deity and devotion to divine worship
furtivedone in a quiet and secretive way to avoid being noticed : surreptitious
invertto reverse in position, order, or relationship