When you lend money to someone, surely the sensible thing is to hold some sort of security so that, in the event that the borrower cannot repay the loan, at least you’ll still have some asset belonging to the borrower that you could sell and recover some (if not all) of the amount that you lent
But what if you lend money without the benefit of that security?
OK?
Author
Posts
Viewing 2 posts - 1 through 2 (of 2 total)
The topic ‘loan capital’ is closed to new replies.