Economy, asked by hughjackman2, 4 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:

Hope this answer satisfy you ☺️

Stay happy and safe

Don't forget to make this answer Brainlist ❤️

Similar questions