Business Studies, asked by maheshwarikeerthipri, 7 months ago

what is meaning of the mortgage give example

Answers

Answered by mahikumari89720

0

Answer:

mortgage is a when you take a loan and use your property as collateral an example is when you go to the bank and borrow money against your house

Explanation:

please follow me

Answered by Anonymous

10

A mortgage is a loan for which a proper or real estate is used as a collateral .

E.g - Loan you take when u buy a house .

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