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

1. What chemicals make up the sides- or backbone, of the DNA molecule? (a simple answer)
Fifteen percent of the students in a school of Business Administration are majoring in Economics, 20% in Finance, 35% in Management, and 30% in Accounting. The
Need work for problems I already know the answers
how does doing laundry contribute to having good hygiene
Find the 70th term of the arithmetic sequence -26, -19, -12, ..
use the two given functions to write y as a function of x y=3m-5, m=x+5/3
Mario has 3 books of short stories. Each book has 5 stories. He has 13 other short stories. How many short stories does Mario have?
what’s the slope and y - intercept of this equation ?
How many hours and minutes in one hundred and fifty minutes?
Which of the following is a coefficient in the expression below? 5x2-3x+7