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
percussionthe act of percussing: such as
chorethe regular or daily light work of a household or farm
drasticacting rapidly or violently
evoketo call forth or up: such as
monotonytedious sameness
paramourlover
corporealhaving, consisting of, or relating to a physical material body: such as
obduratestubbornly persistent in wrongdoing
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rakean implement equipped with projecting prongs to gather material (such as leaves) or for loosening or smoothing the surface of the ground