Examlex
Which of the following is one of Gardner's categories of intelligence?
Collateral
Assets or property pledged as security for the repayment of a loan, subject to seizure on default.
Foreclosure
A proceeding in which a mortgagee either takes title to or forces the sale of the mortgagor’s property in satisfaction of a debt.
Repossess
The act of taking back possession of property by a seller or lender from the buyer or borrower, typically due to failure in payment.
Auction
A public sale in which goods or properties are sold to the highest bidder.
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