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
mediumsomething in a middle position
scrapsfragments of discarded or leftover food
venturesomeinclined to court or incur risk or danger : daring
dominantcommanding, controlling, or prevailing over all others
grandiosecharacterized by affectation of grandeur or splendor or by absurd exaggeration
modicuma small portion : a limited quantity
baskto lie or relax in a pleasant warmth or atmosphere
incessantcontinuing or following without interruption : unceasing
succumbto yield to superior strength or force or overpowering appeal or desire
aberrantdeviating from the usual or natural type : atypical