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Most important question what is Collateral

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Most important question what is Collateral

Posted by Om Biscuitwala 6 years, 5 months ago

CBSE > Class 10 > Social Science

1 answers

Abhinav ? 6 years, 5 months ago

Collateral is the security provided by a borrower against a loan, and it can be sold in case of non payment of loan.

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CBSE > Class 10 > Social Science