Term loans
Term loans is the credit extended for longer than one year and designed to fund longer-term business investments, such as the purchase of equipment or the construction of new physical facilities.
Category: Banking & Finance
Previous: ← Tax swapping
Next: Thrift deposits →
More from this Section
- Tax averaging
Tax averaging— offsetting foreign tax credits derived from one source against foreign ... - Aggregate supply curve
Aggregate supply curve is the relationship between the quantity of output supplied and ... - Reconciliation
Reconciliation is checking all bank account papers to make sure that the bank’s records ... - Inflation Premium
Inflation Premium is a premium for anticipated inflation that investors require in addition ... - Escrow Agent
An Escrow Agent is an individual or business that temporarily holds property as a neutral ...