Loan Document is a business contract by which a borrower and lender enter into an agreement. Loans are classified according to the lender or borrower involved, whether or not collateral is required, the time of maturity, conditions of repayment, and other variables.
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- Red Clause Credit
Red Clause Credit documentary credit provision, which allows the beneficiary (seller), to draw partial advance payments under the
- Fixed assets
Fixed assets are assets such as land, buildings, machinery or property used in operating a business that will not be consumed or converted into
Affidavit is a written statement, sworn to be true by the person signing it, before someone authorized by court of law.
- Rights Issue
Rights Issue is an issue of securities offered to existing shareholders/ bond holders on a pre-emptive or priority basis.
- Financial futures
Financial futures is the contracts calling for the delivery of specific types of securities at a set price on a specific future date.
Inconvertibility is the risk that the investor will not be able to convert profits, royalties, fees, or other income, as well as the original capital invested, into dollars.
- Problem loan
Problem loan or classified loan refers those loans that have pushed the bank’s financial position at stake usually due to the fact that, the borrower ...