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21-11-2017
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Something of value given or pledged as security for payment of a loan is called _____. chargeback personal equity capital equity collateral

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01-12-2017

Something of value given or pledged as security for payment of a loan is called collateral. The collateral is term used in economics and finance to describe an asset pledged by a borrower to a lender, usually in return for a loan.

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