Colleteral security
This query is : Resolved
17 November 2013
What is the exact meaning of collateral security.Can any one explain with example.
Nikhil Kaushik
(Expert)
18 November 2013
collateral security refers to tangible assets pledged with the lenders for securing loans.
CA Ravi Kumar
(Expert)
18 November 2013
Agree with Nikhil Kaushik
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