Examveda
Examveda

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called _________.

A. Security

B. Mortgage

C. Usury

D. Hypothecation

Answer: Option B

Solution(By Examveda Team)

The practice of charging interest to borrowers who pledge their property as collateral but leaving them in possession of the property is called Mortgage.

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