Social Sciences, asked by vinayaka27, 1 year ago

Defin Collateral in lesson of money and credit

Answers

Answered by himanshujalotra

collateral are the assets which are kept as a security against the loan that borrower takes , if the borrower fails to pay loan in future then lender has the the right to use the collateral to fullfil his/her money

Previous Question

Next Question

Similar questions

Physics, 7 months ago

A train starting from a railway station and moving with uniform accelation attains at speed 65kmph at 18 min.find accerlation...

Hindi, 7 months ago

poem on Dadra and nagar haveli in Hindi ...

English, 7 months ago

You are Amit/Anita, Head Boy/Head Girl of your school. You are organising a career counselling session for class XI and XII students of your school. Write a notice giving details to be displayed on your noticeboard in about 50 words. [NCT 2016]...

Math, 1 year ago

three books of thickness 24m,12m and 4m are piled on top of each other.what is the total thickness of the pile...

English, 1 year ago

Write a diary entry on you visit to shimla with your friends write your feelings?

History, 1 year ago

Some of the muslim political organizations in India were lukewarm in their response to civil disobedience movement . Explain...

History, 1 year ago

Question: All but which was a result of the creation of Israel in 1947? Answers: Arab nations vowed to aid Palestine and fight to get back Palestinian land Arabs began blaming the West for the conflict Conflict between the Palestinians and Israel has been onggoing since the creation of Israel there has been several wars, but peace was finally established in 1995...

Physics, 1 year ago

Two plane mirrors are inclined at angle 70 . A ray which incident on first mirror at angle of incidence x , comes out of the combination after reflection from the mirrors, parellel to the first mirror find x?