netflyx
netflyx netflyx
  • 03-05-2019
  • History
contestada

What is collateral?

Respuesta :

ahmedali54aa50
ahmedali54aa50 ahmedali54aa50
  • 03-05-2019

Answer:

something pledged as security for repayment of a loan, to be forfeited in the event of a default.

Answer Link
millermoldwarp
millermoldwarp millermoldwarp
  • 26-06-2019

Answer:  The correct answer is :  The guarantee is a loan insurance in case the person to whom it is lent fails to pay or becomes bankrupt. If this happens, the person who loaned the money has the legal right to confiscate the asset and can decide whether to keep it or sell it. The most used guarantee is the mortgage on the house

Answer Link

Otras preguntas

Why is RNA necessary to act as messenger?
How does transpiration play a  role in the water cycle ?
When was William Shakespeare born
A passenger on a boat moving at 1.70 m/s on a still lake walks up a flight of stairs at a speed of 0.60 m/s , as shown in the figure . The stairs are angled at
A child is standing across the street from his apartment . His mother is on their balcony . The angle of elevation between the child's eyes and his mothers eyes
What is Sir Francis Drake hardships
When was World War I?
What is a direct combination reaction?
Can u paraphrase the quote ”let things take their course”
A pound of seedless red grapes costs $2.75. Drew must spend less than $9.35 on a bunch of seedless red grapes.Inequality:Solution:Interpretation: