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 |
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recourse | a turning to someone or something for help or protection |
grim | fierce in disposition or action : savage |
superannuated | outmoded |
avocation | a subordinate occupation pursued in addition to one's vocation especially for enjoyment : hobby |
chagrin | disquietude or distress of mind caused by humiliation, disappointment, or failure |
tactful | having or showing tact |
putrefy | to make putrid |
whinny | to neigh especially in a low or gentle way |
dauntless | incapable of being intimidated or subdued : fearless |
knell | a stroke or sound of a bell especially when rung slowly (as for a death, funeral, or disaster) |