Exam: TOEIC

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: 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: A person or machine that organizes and arranges items, such as documents or data, in a specific order.

Example: The collator sorted the reports into the correct sequence for the meeting.

Definition: The condition or situation of being a coworker or associate in a professional setting.

Example: Their colleagueship made it easier to collaborate on projects.

Definition: The position or role of a person who collects taxes or customs duties.

Example: He was appointed to the collectorsip, responsible for overseeing tax collection in the region.

Definition: A person who signs a financial document, agreeing to take responsibility for a debt if the main borrower fails to pay.

Example: The bank required a comaker to guarantee the loan in case the primary borrower could not repay it.

Definition: To manage something together with someone else, sharing responsibilities and decisions.

Example: The two companies decided to comanage the project to ensure its success.

Definition: The act of managing something together, often referring to the shared management of resources between a government and its citizens.

Example: The comanagement of the forest has led to better conservation efforts and community involvement.

Definition: A person who shares the responsibility of managing something with another person.

Example: As a comanager, she worked closely with her partner to ensure the success of the project.

Definition: The activity of buying and selling goods and services, especially on a large scale between different places or countries.

Example: The growth of e-commerce has changed the way people shop.