what is collteral in 1 mark
Answers
Answered by
1
Hjkkkllbmll and I will be in the future of our games are
Answered by
1
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.
Similar questions