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
odysseya long wandering or voyage usually marked by many changes of fortune
whorla drum-shaped section on the lower part of a spindle in spinning or weaving machinery serving as a pulley for the tape drive that rotates the spindle
stinta period of time spent at a particular activity
febrilemarked or caused by fever : feverish
importuneto press or urge with troublesome persistence
hindsightperception of the nature of an event after it has happened
vigilantea member of a volunteer committee organized to suppress and punish crime summarily (as when the processes of law are viewed as inadequate)
millenniumthe thousand years mentioned in Revelation (see revelation
earmarka mark of identification on the ear of an animal
undertakerone who undertakes : one who takes the risk and management of business : entrepreneur