Phylum: Arthropoda. Class: Arachnida. Order: Araneae. Family: Theraphosidae. Genus: Brachypelma. Species: B. vagans. Domain: The Redrump Tarantula belongs to the domain Eukarya because it obtains a true nucleus, and membrane bound organelles. These same traits can be seen in many organisms we know even wasabi! Learn more about wasabi.
In simple words, collateral is an asset which borrower pledge to the lender as a security against the loan. In case borrower failed to pay back the loan amount to the lender, lender can sell the asset to recover his loan amount hence reduces the risk of lender.
Total Assets vs. Total Liabilities. A company's assets run the gamut from cash and merchandise to production equipment, customer receivables, intellectual property and computer gear. Total liabilities include bonds payable, commercial paper, salaries, taxes due and vendor payables. While total resources differ from total liabilities, both items interrelate in operating activities. A business typically borrows, raises equity or uses its own money to purchase assets. Another area of proximity lies in the fact that assets and liabilities both flow into a balance sheet.