Something of Value Given or Pledged as Security for Payment

question 63

Multiple Choice

Something of value given or pledged as security for payment of a loan is called _____.

• A) chargeback
• B) capital equity
• C) collateral
• D) personal equity

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Definitions:

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others.

Mood And Emotion

Pertains to the feelings that represent an individual's enduring emotional state and their more fleeting emotional responses, respectively.

Generalized Feelings

Broad or widespread emotional responses that are not specific to one particular cause or object.

Less Intense

Refers to a situation, condition, or feeling that is not as strong or extreme as it could be.