Social Sciences, asked by Keerakeera, 10 months ago

What do you mean by colletral

Answers

Answered by Anonymous

3

Explanation:

The assets which are required to take bank from the loan. These can be in the form of house or land for agriculture etc.... They can be the paper of the house as well....

Answered by tanviD099

6

Explanation:

Colletral reffers to an asset that a lender accepts as security for a loan.

hope it helps you

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