Economy, asked by Anonymous, 1 month ago

Q. The terms of credit comprise of _____.​

Answers

Answered by ArnavMani
9

Collateral is correct answer

It can be define as:-

Interest rate, collateral and documentation requirement and the mode of repayment together comprise what is called the terms of credit.

They may vary depending on the nature borrower of the lender and the borrower.

Thank You

Answered by rashmigaonkar1215
1

Answer:

Interest rate, collateral and documents required to get loan together are called terms of credit.

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