24 1 Collateral refers toa) Asset of the lender deposited in the bank. – InterviewSolution

1.	24 1 Collateral refers toa) Asset of the lender deposited in the bank.b) Payment through chequec) An asset that the borrower owns and uses this as a guarantee to a lender until therepaid.]d) Gold and silver.Inndor tunnlies the horrower with money goods or se
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