"Collateral" in the 5 C’s of credit refers to:
- The applicant’s salary details
- The amount of loan applied for
- An asset pledged as security for the loan
- The repayment schedule of the loan
Tests your knowledge on subjects like banking, financial markets, economics, and financial management.
Hard by prakash_0555 More quizzes in Business, Work & Finance
Try to complete this Quiz and earn exclusive rewards.