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 |
|---|---|
| tome | book |
| mawkish | lacking flavor or having an unpleasant taste |
| endemic | belonging or native to a particular people or country |
| submerge | to put under water |
| larceny | the unlawful taking of personal property with intent to deprive the rightful owner of it permanently |
| penumbra | a space of partial illumination (as in an eclipse) between the perfect shadow on all sides and the full light |
| prodigal | characterized by profuse or wasteful expenditure : lavish |
| indigent | suffering from extreme poverty : impoverished |
| sanctimonious | hypocritically pious or devout |
| irrefutable | impossible to refute : incontrovertible |