Economy, asked by hughjackman2, 6 months ago

Money-lenders usually demand a ‘security’ from the borrower. What is the formal

word used for the ‘security’, such as land, vehicle, livestock, building, etc.?

(a) Deposit

(b) Collateral

(c) Credit

(d) Guarantee

Answers

Answered by samikshya12

4

Answer:

Colleteral

Explanation:

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