The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________. Correct Answer Mortgage

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called Mortgage.

Related Questions

Under normal charging rate, the charging current should be
Answer the question on the basis of the given information. Businesses are suffering because of lack of money available for development loans.To help businesses,the government plans to modify the income- tax structure in order to induce individual tax payers to put a larger portion of their incomes into retirement savings accounts, because as more money is deposited in such accounts, more money becomes available to borrowers. Which of the following, if true, raises the most serious doubt regarding the effectiveness of the government's plan to increase the amount of money available for development loans for businesses?