Collateral refers to property or other assets a borrower uses to secure a loan. If payments are not made, the lender can seize the collateral to cover its loss.
What is Collateral?
Written by Jolie Pham
Updated over 6 months ago
Copyright (c) 2023, Intercom, Inc. ([email protected]) with Reserved Font Name "Open Sans".
This Font Software is licensed under the SIL Open Font License, Version 1.1.Copyright (c) 2023, Intercom, Inc. ([email protected]) with Reserved Font Name "Open Sans".
This Font Software is licensed under the SIL Open Font License, Version 1.1.Skip to main content