Question

what do u mean by security in loan?​

Answer 1

Answer:

security loan :

Loan secured by the pledge of any marketable asset as collateral. Not to be confused with 'securities loan' which is a loan collateralized by marketable securities

Answer 2

Explanation:

Definition and examples. A secured loan or secured debt is when the borrower has committed to give the lender certain assets, such as a real estate property or a car, if he or she defaults, i.e. fails to make payments. ... The asset the borrower puts up as security is called the 'collateral' on the loan.