Question

A valuable asset pledged to a lender as security for a loan is called:


A.

net worth.


B.

collateral.


C.

wealth.


D.

capital.

Answer 1

B. Collateral
is the answer

Answer 2

Answer:

B. collateral

Step-by-step explanation:

Collateral is a valuable asset pledged to a lender as security for a loan.