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
precincta part of a territory with definite bounds or functions often established for administrative purposes : district
realmkingdom
restraintan act of restraining : the state of being restrained
massthe liturgy of the Eucharist (see eucharist
dotagea state or period of senile decay marked by decline of mental poise and alertness
foresightan act or the power of foreseeing : prescience
gloatto observe or think about something with triumphant and often malicious satisfaction, gratification, or delight
multiformhaving many forms or appearances
extrapolationto predict by projecting past experience or known data
dissectionthe act or process of dissecting : the state of being dissected