Exam: GMAT (Verbal)

Definition: A person who tricks or deceives others, often using clever but dishonest methods.

Example: The chicaner tried to manipulate the situation to his advantage.

Definition: The act of using tricks or dishonest methods to deceive someone.

Example: The politician was accused of chicanery during the election campaign.

Definition: A rule or agreement that allows a party to reclaim money or benefits that were previously given, often due to a mistake or failure to meet certain conditions.

Example: The company implemented a clawback policy to recover bonuses paid to executives who did not meet performance targets.

Definition: A person who works together with someone else on a task or project.

Example: The two scientists acted as coagents in the research study.

Definition: A person or nation that helps another in a war, often without being in a formal agreement.

Example: During the conflict, several countries acted as cobelligerents, supporting their allies against a common foe.

Definition: Related to something that is secondary or additional, often serving as support or assurance for something else.

Example: The bank required collateral assets to secure the loan.

Definition: Something that is used as security for a loan or obligation, often property or assets that can be claimed by the lender if the borrower fails to repay.

Example: The bank required collateral before approving the loan.

Definition: The condition of being secondary or additional to something else, often used in contexts like finance or law.

Example: The collaterality of the loan agreement ensured that the bank had additional security.

Definition: To use something valuable as security for a loan or obligation, ensuring that the lender can claim it if the borrower fails to repay.

Example: The bank agreed to collateralize the loan with the company's assets.

Definition: Describing something that is secured by a pledge of assets or property to guarantee repayment or performance.

Example: The bank offered a loan that was collateralized by the borrower's house.

Definition: To secure a loan or financial obligation by providing an asset as a guarantee that can be claimed if the obligation is not met.

Example: The bank required the loan to be collateralized with property to reduce their risk.

Definition: To secretly work together with others to do something dishonest or illegal.

Example: The two companies decided to collude to fix prices and eliminate competition.