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
inequityinjustice
accelerateto move faster : to gain speed
fatuouscomplacently or inanely foolish : silly
supplantto supersede (another) especially by force or treachery
fruitfulyielding or producing fruit
parleyto speak with another : confer
discounta reduction made from the gross (see gross
haggleto cut roughly or clumsily : hack
touchymarked by readiness to take offense on slight provocation
absolutefree from imperfection : perfect