English, asked by Anonymous, 5 months ago

what is collateral?

Answers

Answered by shubhamgariya660

4

Answer:

In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.

hope it will help you plz mark me as brainlist plz 1❤❤

Answered by salomi86

1

Thank you,

Hope it helps u my friend...

Attachments:

Previous Question

Next Question

Similar questions

Social Sciences, 2 months ago

25. Describe any three probloms of communalism In Indian politics.

English, 2 months ago

Berth was (horribly good) the( ) word is ? a) a noun b) a verb c) an adverb d) an adjective Ans : _____?

Science, 2 months ago

what is the cytoplasm and cyton...

Environmental Sciences, 5 months ago

plastic recycling challenges and opportunities scope ???

Math, 5 months ago

in a linear equation the highest power of variable is ...

Math, 11 months ago

-) A gardener wants to fence a circular garden of diameter 21 m. Find the length of the rope he needs to purchase, if he makes 2 rounds of fence. Also find the cost of the rope, if it costs 74 per metre.

Math, 11 months ago

a scooter was brought at 42000. its value depreciated at the rate of 8% in the first year and 10%in the 2 year what is the cost of the scooter at the end of the 2 year...

Science, 11 months ago

relative location of london...