Define the collateral in banking and finance

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How can we define the collateral in banking and finance? Do you think that collateral can help to reduce adverse selection problem in credit market? Explain.

How does a mutual fund lower transactions costs through economies of scale?

Reference no: EM131940249

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Define the collateral in banking and finance : How can we define the collateral in banking and finance? Do you think that collateral can help to reduce adverse selection problem in credit market? Explain.
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