Collateral security
This query is : Resolved
HUZAIFA HUSSAIN
(Expert)
12 March 2009
HI RITU
COLLATERAL SECURITY IS THE SECURITY OF TANGIBLE ITEMS LIKE IMMOVABLE PROPERTY, MACHINERY, STOCKS, ETC. WHEREAS GUARANTEE IS THE SURITY GIVEN BY PERSONS OR FIRM, OR COMPANIES.
COLLATERAL SECURITY IS THE SECURITY OF TANGIBLE ITEMS LIKE IMMOVABLE PROPERTY, MACHINERY, STOCKS, ETC. WHEREAS GUARANTEE IS THE SURITY GIVEN BY PERSONS OR FIRM, OR COMPANIES.
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