Module: General Practice
Q5: What term is used for the customer who pledges movable assets as collateral for a loan?
✅ Correct Answer: B
Pledger.
The customer who offers the collateral is known as the pledger.
This terminology is a key part of Banker Customer Relationship MCQs vocabulary.
The customer who offers the collateral is known as the pledger.
This terminology is a key part of Banker Customer Relationship MCQs vocabulary.