An Asset Used to Secure a Loan Is Called

question 153

Multiple Choice

An asset used to secure a loan is called.

• A) collateral.
• B) a retainer.
• C) a down payment.
• D) an investment.

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Definitions:

Reinforced

Strengthened or encouraged, often in the context of reinforcing a behavior through positive or negative reinforcement.

Clark's Nutcracker

A bird species known for its remarkable seed storage behavior and its ability to remember the locations of thousands of seeds it buries for later retrieval.

Geographical Locations

Specific places or positions on the Earth's surface identified by coordinates of latitude and longitude.

Anatomical Feature

Physical characteristics or structures of the body or organs identified in anatomy.