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What do you mean by coltral …

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What do you mean by coltral security

Posted by Sandeep Rana 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Rajip Chowdhury 6 years, 10 months ago

When a company approaches for bank loan it is has to keep certain assets as primary security and apart from that the company has to keep its debenture also as a secondary security to the bank.and remember debenture issued as a collateral doesnt demand interest ok.

Harika Muskan 6 years, 10 months ago

The security that is issued in addition to prime security is known as collateral security.

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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