Social Sciences, asked by viditb30, 1 year ago

Is collateral meaning pledge ?


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Answers

Answered by ysrishti01
1

collateral means something pledged as security for repayment of loan
Answered by luckkyramyasist
0
security pledged for the payment of a loan:

usage
 " He gave the bank some stocks and bonds as collateral for the money he borrowed."

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