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
| Word | Meaning |
|---|---|
| usury | the lending of money with an interest charge for its use |
| vitiate | to make faulty or defective : impair |
| insubstantial | not substantial: such as |
| lush | growing vigorously especially with luxuriant foliage |
| pinion | the terminal section of a bird's wing including the carpus, metacarpus, and phalanges |
| serendipity | the faculty or phenomenon of finding valuable or agreeable things not sought for |
| overt | open to view : manifest |
| redundant | exceeding what is necessary or normal : superfluous |
| somnolent | of a kind likely to induce sleep |
| charm | the chanting or reciting of a magic spell : incantation |