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What does colletral mean?

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What does colletral mean?

    • Posted by Khushdeep Singh 8 years ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Veni Viswanath 8 years ago

    Collateral is an asset that the borrower owns land, vehicle etc, nd uses this as a guarentee to a lender until d loan is repaid

    2Thank You

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