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Collateral

 
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lakemen
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lakemen



Joined: 18 May 2005

Posts: 1090

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311.94 Dollars($)

PostPosted: Sat Jul 08, 2006 5:26 am   Post subject: Collateral  

Collateral

Property that is offered to secure a loan or other credit and that becomes subject to seizure on default. (Also called security).
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