Collateralized Debt Is Also Know as

question 52

Multiple Choice

Collateralized debt is also know as

• A)unsecured debt.
• B)secured debt.
• C)unrestricted debt.
• D)promissory debt.

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Definitions:

Appropriations

Funding that has been set aside by formal legislative action for specific uses.

Authority

The right or power to give orders, make decisions, and enforce obedience, often in a specific context such as government, law enforcement, or organizational hierarchy.

Bureaucracy

A system of government in which most of the important decisions are made by state officials rather than by elected representatives.

Privatization

The transfer of ownership and control of public sector assets or services to private investors, often aimed at increasing efficiency and reducing government spending.