Why should media be accountable to the public?
holinntin
11:_hanbod aanta
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Explanation:
Collateral is an asset owned by the borrower like land, building etc, and is used as a guarantee to the lender till the loan is repaid. Lenders ask for collateral because:
1. It serves as a security against the loan borrowed.
2. In case of failure of repayment of the loan, the lender can take the collateral as compensation.
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