Social Sciences, asked by sudhanshu00746, 1 year ago

what is Collateral?

Answers

Answered by Anonymous

1

Explanation:

COLLATERAL IS A BORROWER SECURITY TO SECURE REPAYMENT OF LOAN

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Answered by shivammishra5774

1

Answer:

when you are taking loan from bank Then ,you put a security there ,that security is known as collateral.

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