Business finance companies provide specialized forms of credit to businesses by making loans and purchasing accounts receivable at a discount; this provision of credit is called

Related MCQs

• Discount and Finance House of India was set up in .....................
• Discount and Finance House of India was set up in pursuance of the recommendations of .....................Committee
• When the least desirable credit risks are the ones most likely to seek loans, lenders are subject to the
• It is a short-term, negotiable, self-liquidating instrument which is used to finance the credit sales of firms.
• They can be issued to individuals, corporations and companies during periods of tight liquidity when the deposit growth of banks is slow but the demand for credit is high.
• The main sources of financing for businesses, in order of importance, are
• Retail banking means granting loans for:
• The demand for heavy loans can cause
• __________would encompass fees received by the bank, but not revenues coming from interest charges on loans.
• The reason that finding the present value of a future sum of money requires us to discount it, is that: