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
slagthe dross or scoria of a metal
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mingleto bring or mix together or with something else usually without fundamental loss of identity : intermix
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