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8 October, 19:39

What is collateral?

a type of unsecured credit

property given as security for a loan

funds borrowed to buy property

a payment to reduce overall debt

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Answers (2)
  1. 8 October, 20:53
    0
    Property given as security for a loan

    that is why there is insurance for "collateral damage.
  2. 8 October, 23:14
    0
    Property given as security for a loan
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