aggressive mode ✌️
what is collateral???
Answers
Answered by
19
Step-by-step explanation:
Collateral is property or other assets that a borrower offers a lender to secure a loan. The day all the loan is paid off by the borrower is the day the home will no longer be collateral, and the lender won't have any rights to the asset.
.
Answered by
1
Answer:
Virat Kohli
something pledged as security for repayment of loan .
follow me and mark as brainliest .
Similar questions
English,
5 months ago
Science,
11 months ago
Social Sciences,
11 months ago
Math,
1 year ago
Biology,
1 year ago