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
animadversiona critical and usually censorious remark
spryable to move quickly, easily, and lightly : nimble
hilarityboisterous merriment or laughter
abridgeto shorten by omission of words without sacrifice of sense : condense
mangeany of various persistent contagious skin diseases marked especially by eczematous inflammation and loss of hair, affecting domestic animals or sometimes humans, and caused by a minute parasitic mite compare sarcoptic mange
exceptionablebeing likely to cause objection : objectionable
equitablehaving or exhibiting equity : dealing fairly and equally with all concerned
fallibleliable to be erroneous
slovenlyuntidy especially in personal appearance
puddingblood sausage