Day: August 31, 2021

collateral-wint-wealth
Loans 6 min read
Collateral – Definition, Types, Example and More

The concept of a collateral may sound complicated, but in reality it is quite simple. In this article, we will talk about collateral and explain scenarios wherein it comes to play. First, let’s understand the primary question. What Is a Collateral? Collateral is any movable or immovable asset that you can pledge to the lender to ... Collateral – Definition, Types, Example and More