A ________ is evidence of ownership, creditorship, or debt that shows that you have interest or stake in an economic undertaking.

Question

Quizplus · Accepted Answer

A security is defined as an evidence of ownership, creditorship, or debt that shows that you have interest or stake in an economic undertaking. Collateral refers to property or assets that are pledged as security for repayment of a loan. Collusion refers to the secret cooperation or conspiracy of two or more parties, often for illegal or deceitful purposes. Principal refers to the original amount of money borrowed in a loan, not including interest.

A ________ Is Evidence of Ownership, Creditorship, or Debt That