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
velocityquickness of motion : speed
trampletramp
unguenta soothing or healing salve : ointment
contrivedevise
aphasialoss or impairment of the power to use or comprehend words usually resulting from brain damage (as from a stroke, head injury, or infection)
bereftdeprived or robbed of the possession or use of something
ineluctablenot to be avoided, changed, or resisted : inevitable
elatedmarked by high spirits : exultant
cedeto yield or grant typically by treaty
estrangedhaving lost former closeness and affection : in a state of alienation from a previous close or familial relationship