Debt backed or secured by collateral to reduce the risk associated with lending. An example would be a mortgage, your house is considered collateral towards the debt. If you default on repayment, the bank seizes your house, sells it and uses the proceeds to pay back the debt.
Permanent underclass is emerging in UK, businesses warn. The Leeds city centre Job Centre Plus offices on the day figures showed youth unemployment had passed the 1m mark. Britain risks creating an underclass of people who are permanently excluded from the prospect of employment, a report published on Thursday warns.
The 0 â 2 class represents any number in the data set from 0 to 2 inclusive (0 , 1 or 2). Inclusive means that the first and last numbers are included. The lower limit is 0 and the upper limit is 2. The second row in the table below has a class of 3 â 5. The 3 â 5 class represents any number in. the data set from 3 to 5 inclusive (3 , 4 or 5). The lower limit is 3 and the upper limit is 5. The second column contains the frequency.