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
recoursea turning to someone or something for help or protection
grimfierce in disposition or action : savage
superannuatedoutmoded
avocationa subordinate occupation pursued in addition to one's vocation especially for enjoyment : hobby
chagrindisquietude or distress of mind caused by humiliation, disappointment, or failure
tactfulhaving or showing tact
putrefyto make putrid
whinnyto neigh especially in a low or gentle way
dauntlessincapable of being intimidated or subdued : fearless
knella stroke or sound of a bell especially when rung slowly (as for a death, funeral, or disaster)