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
frictionthe rubbing of one body against another
premisea proposition antecedently supposed or proved as a basis of argument or inference
opiatean alkaloid drug (such as morphine or codeine) that contains or is derived from opium, binds to cell receptors primarily of the central nervous system and gastrointestinal tract, acts to block pain, induce sedation or sleep, depress respiration, and produce calmness or euphoria, and is associated with physiological tolerance (see tolerance
aeriethe nest of a bird on a cliff or a mountaintop
codaa concluding musical section that is formally distinct from the main structure
phlegmaticresembling, consisting of, or producing the humor phlegm
hackneyedlacking in freshness or originality
equitablehaving or exhibiting equity : dealing fairly and equally with all concerned
jetsamthe part of a ship, its equipment, or its cargo that is cast overboard to lighten the load in time of distress and that sinks or is washed ashore
pittancea small portion, amount, or allowance