Social Sciences, asked by maitri3001, 5 months ago

What is meant by Collateral?​

Answers

Answered by Himanidaga
6

Collateral is an asset the Person owns which is borrowers like Building, Vehicle, Livestock, etc and uses this as a guarantee to a Lender until the loan is repaid.

Answered by praseethanerthethil
26

Answer:-

A collateral amount is a form of loan against share offered by a broker to their clients for trading in stock and shares.

Hope it helps!

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