Answer Posted / shilpa arora
Collateral Security
By collateral security is meant stocks, bonds, and other
evidences of property deposited by the borrower to secure a
loan made to him by the bank. Such securities are deposited
as a pledge or guarantee that the loan will be repaid at
maturity; if not paid the securities may be sold to
reimburse the lender.
| Is This Answer Correct ? | 35 Yes | 5 No |
Post New Answer View All Answers
What are the different types of trading that exist?
What are BASEL III Norms?
What are the different schemes launched by the government to eradicate poverty?
Do bank charge for overdraft protection service?
Explain liquidity group ratios.
plz send me capital market aptitude questions? i have interview in oracle financial? its urgent...........
What is a lease agreement? What are its contents?
Can profits be known from balance sheet of any company?
What is the procedure in constitution to merge a place into another state?
What are the qualities of a good banker?
What is wma and what does it signifies?
What Is The Difference Between Product Costs And Period Costs?
What are the steps taken by banks to promote financial inclusion?
What do you mean by interest coverage ratio?
What is 'nicnet'?