garydesir1
garydesir1 garydesir1
  • 03-11-2019
  • Mathematics
contestada

A valuable asset pledged to a lender as security for a loan is called:


A.

net worth.


B.

collateral.


C.

wealth.


D.

capital.

Respuesta :

braincell braincell
  • 03-11-2019
B. Collateral
is the answer
Answer Link
charliethebest2002
charliethebest2002 charliethebest2002
  • 06-10-2021

Answer:

B. collateral

Step-by-step explanation:

Collateral is a valuable asset pledged to a lender as security for a loan.

Answer Link

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