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
artisana worker who practices a trade or handicraft : craftsperson
ravelto become unwoven, untwisted, or unwound : fray
seasonalof, relating to, or varying in occurrence according to the season
tepidmoderately warm : lukewarm
spatialrelating to, occupying, or having the character of space
resolutionthe act or process of resolving: such as
vigilantea member of a volunteer committee organized to suppress and punish crime summarily (as when the processes of law are viewed as inadequate)
rebateto reduce the force or activity of : diminish
sonicutilizing, produced by, or relating to sound waves
satyra sylvan deity in Greek mythology having certain characteristics of a horse or goat and fond of Dionysian revelry