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
prelatean ecclesiastic (such as a bishop or abbot) of superior rank
amorphoushaving no definite form : shapeless
refuteto prove wrong by argument or evidence : show to be false or erroneous
averto declare positively
callowlacking adult sophistication : immature
screecha high shrill piercing cry usually expressing pain or terror
relapsethe act or an instance of backsliding, worsening, or subsiding
epitaphan inscription on or at a tomb or a grave in memory of the one buried there
plightto put or give in pledge : engage
burnishto make shiny or lustrous especially by rubbing