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
latitudeangular distance from some specified circle or plane of reference: such as
tangiblecapable of being perceived especially by the sense of touch : palpable
amissin a mistaken way : wrongly
delveexcavate
genialitymarked by or freely expressing sympathy or friendliness
parallelismthe quality or state of being parallel
saturnineborn under or influenced astrologically by the planet Saturn
retortto pay or hurl back : return
whetto sharpen by rubbing on or with something (such as a stone)
solventable to pay all legal debts