Collateral is the property that is subject to a security interest.

Name: Collateral is the property that is subject to a security interest.
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Collateral is the property that is subject to the security interest.Collateral may include goods (consumer goods,farm products,inventory,and equipment),indispensable paper (documents of title,negotiable instruments,and chattel paper),intangibles (accounts,goodwill,and literary rights),and proceeds.

Collateral Is the Property That Is Subject to a Security