Give two examples of collateral security.

1.	Give two examples of collateral security.
Answer» Collateral is an asset that borrower owns. The collateral can be anything that has monetary value in it. The lender uses that collateral as a guarantee for that which borrower will repay the amount in future. Example land and gold

Answer»

Collateral is an asset that borrower owns. The collateral can be anything that has monetary value in it. The lender uses that collateral as a guarantee for that which borrower will repay the amount in future.

Example land and gold

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Give two examples of collateral security.

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