What do you mean by Collateral?
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Answered by
9
Something pledged as security for a home loan, to be forfeited in the event of a default is called collateral.
Answered by
15
Hey friend here is your answer :)
Collateral
________
Collateral is money or property which is used as a guarantee that someone will repay a loan
hope it help you ^_^
Collateral
________
Collateral is money or property which is used as a guarantee that someone will repay a loan
hope it help you ^_^
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