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Business, 19.03.2021 19:10 Jojo8421

A stock brokerage firm has agreed to provide secured debt to Jamie’s business. Jamie has pledged his warehouses to the stock brokerage firm. What is this process of pledging a property in exchange for a debt known as? A.
collateral
B.
security
C.
mortgage
D.
bond
E.
stock

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Answers: 3

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