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
sheerunqualified
haughtinessblatantly and disdainfully proud : having or showing an attitude of superiority and contempt for people or things perceived to be inferior
tokena piece resembling a coin issued for use (as for fare on a bus) by a particular group on specified terms
phalanxa body of heavily armed infantry in ancient Greece formed in close deep ranks and files
clapto strike (two things, such as two flat, hard surfaces) together so as to produce a sharp percussive noise
vigilantea member of a volunteer committee organized to suppress and punish crime summarily (as when the processes of law are viewed as inadequate)
practicablecapable of being put into practice or of being done or accomplished : feasible
constitutionthe basic principles and laws of a nation, state, or social group that determine the powers and duties of the government and guarantee certain rights to the people in it
chaoticmarked by chaos or being in a state of chaos : completely confused or disordered
hirelinga person who serves for hire especially for purely mercenary motives