Fill in the blanks with an appropriate word, phrase, or symbol(s). Anything of value pledged by the

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Fill in the blanks with an appropriate word, phrase, or symbol(s).


Anything of value pledged by the borrower that the lender may sell or keep if the borrower does not repay the loan is called the __________ or collateral.

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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