Social Sciences, asked by khushii4335, 1 year ago

what is collateral????

ranveer65: hi

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Answered by Anonymous

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•Collateral is property or other assets that a borrower offers a lender to secure a loan.The day all the loan is paid off by the borrower is the day the home will no longer be collateral, and the lender won't have any rights to the asset•

Answered by ranveer65

something pledged as security for repayment of a loan, to be forfeited in the event of a default.

a person having the same ancestor as another but through a different line.

ranveer65: h8

ranveer65: hii

khushii4335: hello

ranveer65: where are you from

khushii4335: from c.g.

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what is collateral????