Q.

What do you mean by Mortgage?

A. A security created on immovable property for a deposit received by a bank
B. A security created on immovable property for a loan given by a bank
C. A facility created on movable property for a deposit received by a bank
D. A security created on movable property for a loan given by a bank
E. None of the above
Answer» B. A security created on immovable property for a loan given by a bank
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