首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Term loans are designed to fund long-and-medium-term business investments, such as the purchase of equipment or the construction
Term loans are designed to fund long-and-medium-term business investments, such as the purchase of equipment or the construction
admin
2013-12-25
89
问题
Term loans are designed to fund long-and-medium-term business investments, such as the purchase of equipment or the construction of physical facilities, covering a period longer than one year. Usually the borrowing firm applies for a lump-sum loan based on the budgeted cost of its proposed project and then pledges to meet the scheduled repayment in a series of installments(often payments are made every quarter or even monthly). Thus, term loans look to the flow of future earnings of the business firm to amortize and retire the credit. The schedule of installment payments is usually structured with the borrower’ s normal cycle of cash inflows and outflows firmly in mind. For example, there may be’ blind spots’ built into the repayment schedule, so there will be no installment payments due at those times of the year when the customer is short of cash. However, these payment must be made up later, when cash is more abundant. Some term loan agreements do not call for repayment of loan principal until the end of the loan period, for example, in a ’ bullet loan’ , only interest is paid periodically, with the full principal due when the loan matures. Term loans normally are secured by fixed assets(e. g. premises, equipment, furniture and fixtures)owned by the borrower and may carry either a fixed or floating interest rate. That rate normally is higher than on short-term business loans, due to the greater risk exposure to the bank from such loans. Certainly the probability of default or other adverse changes in the borrower’ s position is greater over the course of a long-term loan.
The best Headline of this passage would be______.
选项
A、Loans Provided by Banks
B、Long-term Project Loans
C、Credit Financing
D、Term for Loans
答案
D
解析
整篇文章都在讲定期贷款,因此D才能概括全文主旨。
转载请注明原文地址:https://kaotiyun.com/show/NFid777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
JacklosthisJoblastweek.Itwasdifficultforhimtofindanother【C1】______.【C2】______toldhimthatitwaspossibletogeta
In1826,aFrenchmannamedNiepceneededpicturesforhisbusiness.Buthewasnotagoodartist.Soheinventedaverysimplec
Manypeoplebelievetheyshoulddrinkeightglassesofwateraday.Thatis【C1】______theyhavebeentoldalltheirlife.【C2】___
SarahDavislivesinDalton,Australia,andherparentsownasheepfarmthere.Daltonisasmallcountrytownwithonehundred
Ifsomeoneissleepwalking,theyarewalkingaroundwhiletheyareasleep.Sleepwalkinghappenswhenapersonisnotfullyaslee
Whoisthedraweeofacheque?
AbankmanagerspeaksMynameisJaneCarsonandI’mthemanagerofasavingsbankinPortland,Oregon.Mybankisopenever
Manypeoplehavetwoaccountsinabank,Asavingsaccountandacheckingaccount.Whenpeopledepositmoneyinasavingsaccoun
Fromatechnicalpointofview,internationaleconomicintegrationcanbealimitedprocess,i.e.theeliminationoftariffsan
Commercialbankdeposits,includingdemanddeposits,aresubjecttoimmediatewithdrawalduringregularbankinghoursatthereq
随机试题
我国《收养法》规定,不满________周岁的未成年人可以被收养。()
重度子宫脱垂病人,手术后护理内容包括( )。
原方用法要求药后“多饮暖水”的是
患者男性,25岁,车祸大出血,需急诊手术,但无法取得患者意见又无家属或者关系人在场.医疗机构应如何处理
消化道分布有丰富的腺体,其中唾液腺主要包括
甲企业为增值税小规模纳税人,2016年11日购入一台生产用机器设备,取得普通发票60万元,税额为10.2万元,支付安装费,取得普通发票价款2万元,税O.22万元,计算甲该企业所得税计税基础的下列算式正确的是()。
组织策略是学习和记忆新信息的重要手段,下列活动中,学生运用组织策略的有()
材料(大意):2013年5月24日晚.网友“空游无依”发了一条微博,称他在埃及卢克索神庙的浮雕上看到有人用中文刻上了“丁锦昊到此一游”。“空游无依”表示.这是他在埃及感到最难过的一刻,简直无地自容。微博发出后,在社会上引起了轩然大波。至
由“十字军东征”这一事件评述东西方关系。
A、Onlyhumansrespondtoemotionsbysheddingtears.B、Onlyhumansshedtearstogetridofirritatingstuffintheireyes.C、On
最新回复
(
0
)