This course explains Livestock as Collateral Risk and how the risks associated with using livestock as collateral, including valuation, enforceability, and recoverability are identified, assessed, and governed within Agri & Rural Commercial Credit. It covers the key dimensions of enforceability, alternative security strength, movable assets, and livestock, emphasizing the need for structured assessment, clear boundary definition, and independent validation before credit decisions are finalized. The course also distinguishes Livestock as Collateral Risk from broader portfolio diversification strategies, and highlights its role within Collateral & Security Evaluation, including limit setting, exception handling, and escalation to credit committees.