Loans That Are Backed by a Tangible Asset Are Called

question 93

True/False

Loans that are backed by a tangible asset are called open-ended credit loans.​

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Definitions:

Computer Science

A field of study that focuses on understanding, designing, and developing algorithms and software that enable computers to perform a wide range of tasks.

Business

The practice of making one's living by engaging in commerce, trade, and services based on the production, distribution, and sale of goods.

Cognitive Development

The method through which people understand, consider, and comprehend their environment via the combination and effect of inherited and acquired elements.

College Education

Higher education resulting in the attainment of a degree or diploma from a college or university.