AIt is the financial process of pooling various types of contractual debt such as auto loans or credit card debt obligations and selling said consolidated debt as bonds or other securities, to various investors.Correct AnswerIncorrect Answer
BIt refers to money held by a third-party on behalf of transacting partiesCorrect AnswerIncorrect Answer
CIt refers to the replacement of an existing debt obligation with another debt obligation under different terms.Correct AnswerIncorrect Answer
DIt is a security interest in real property held by a lender as a security for a debt, usually a loan of money.Correct AnswerIncorrect Answer