Economy, asked by udaykumar3061, 11 months ago

Why do lender ask for collateral

Answers

Answered by anushka131129

Answer:

lender ask for collateral because of security

Explanation:

security as if someone will not give money which the lender which he has lended to him/ her

Answered by shabditapandit1021

Answer:

Plz mark me as brainliest!!!

Explanation:

Lenders ask for collateral while lending because if payment of interest and repayments of the principal are not made on time,as the last resort the lenders can sell the collateral assets and recovers their money.

Previous Question

Next Question

Similar questions

English, 5 months ago

(1) Value of trees (19 ga Write an article on the topic , Increasing number of Venicles causes Traffic Jams and Accedents' Wr le a letter to the Editor of a newspaper about nouse pollution in your locality you are Naveen reseding Kanal at 185, Shyam Nagar,...

English, 5 months ago

write four lines of the poem from your English reader book...

Math, 5 months ago

1. Shikha buys 3 glue sticks. If the cost of one glue stick is * 11.25, how much does Shikha for the glue sticks?

History, 11 months ago

In which region did slaves often share a home with their master?

Computer Science, 11 months ago

For the given code, identify the correct independent paths Program for Search { Binary Search Algorithm { 1. int bottom = 0 ; 2. int top = elemArray.length - 1 ; int mid ; 3. r.found = false ; 4. r.index = -1 ; 5. while ( bottom <= top ) { 6. mid = (top + bottom) / 2 ; 7. if (elemArray [mid] == key) { 8. r.index = mid ; 9. r.found = true ; 10. return ; } // if part else { 11. if (elemArray...

Math, 1 year ago

P(x)=2x+5 hint : solve p(x)= 0 solve it...

English, 1 year ago

Essay on raastriya bavaikyate in Kannada...

History, 1 year ago

How did Japan emerge as an imperialist power? Explain.