19:17 Jan 11, 2010 |
Norwegian to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Bjørnar Magnussen Local time: 18:06 | ||||||
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Summary of answers provided | ||||
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3 +2 | Collateral |
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4 | assets pledged as security |
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Collateral Explanation: "Collateral" or "pledged security" What Does Collateral Mean? Properties or assets that are offered to secure a loan or other credit. Collateral becomes subject to seizure on default. http://www.investopedia.com/terms/c/collateral.asp |
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14 mins confidence:
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