Social Sciences, asked by EINSTIEN0000, 11 months ago

WHAT IS COLLATERAL...?

Answers

Answered by Anonymous

property or something valuable that you agree to give to somebody if you cannot pay back money that you have borrowed

Answered by simi76503

Answer:

A collateral is a property or something valuable that you agree to give to somebody if you cannot pay back money that you have borrowed.

Please mark it as brainliest :-)

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