Loans obtained against hypothecation of an asset is called?
کسی اثاثے کی فرضی قیاس کے خلاف حاصل کردہ قرض کہلاتا ہے؟
- Unsecured Loan
- Capital
- Secured Loan
- All of the above
Explanation
A secured loan is a loan in which the borrower pledges some asset as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan
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