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
resplendentshining brilliantly : characterized by a glowing splendor
staidmarked by settled sedateness and often prim self-restraint : sober
indissolublenot dissoluble
incorrigibleincapable of being corrected or amended: such as
proclivityan inclination or predisposition toward something
generateto bring into existence: such as
blandsmooth and soothing in manner or quality
sanctimonioushypocritically pious or devout
incidentalbeing likely to ensue as a chance or minor consequence
anticlimaxthe usually sudden transition in discourse from a significant idea to a trivial or ludicrous idea