Easy Office
LCI Learning

Collateral security

This query is : Resolved 

12 March 2009 What is collateral? and how it differ from Guarantee?

12 March 2009 HI RITU

COLLATERAL SECURITY IS THE SECURITY OF TANGIBLE ITEMS LIKE IMMOVABLE PROPERTY, MACHINERY, STOCKS, ETC. WHEREAS GUARANTEE IS THE SURITY GIVEN BY PERSONS OR FIRM, OR COMPANIES.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query