COLLATERAL SECURITY-ALL YOU NEED TO KNOW-COMPILED BY ER. AVINASH KULKARNI
Saturday Brain Storming Thought (122) 17/07/2021 COMPILED BY ER. AVINASH KULKARNI COLLATERAL SECURITY The term collateral refers to an asset that a lender accepts as security for the loan The collateral acts as a form of protection for the lender If the borrower defaults on their loan payments, the lender can seize the collateral and […]
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