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
tickleto touch (a body part, a person, etc.) lightly so as to excite the surface nerves and cause uneasiness, laughter, or spasmodic movements
parchmentthe skin of a sheep or goat prepared for writing on
insensatelacking sense or understanding
integrityfirm adherence to a code of especially moral or artistic values : incorruptibility
orgysecret ceremonial rites held in honor of an ancient Greek or Roman deity and usually characterized by ecstatic singing and dancing
amphibianan amphibious organism
embellishto make beautiful with ornamentation : decorate
blandsmooth and soothing in manner or quality
antiqueexisting since or belonging to earlier times : ancient
permissivegranted on sufferance : tolerated