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
2012-01-26
127
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/ZKYd777K
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
NeitherBilly’smother______hisfatherknowsthewaytothevillage.
A、I’lleatout.B、Ilikecooking.C、I’mmakingcakes.C
Mr,andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
ThesummaryBalanceSheetofBillyTradingCompanyon1April2003wasasfollows:$Equipment(atcost)180,000Less:Provision
A&DLtd.providesyouwiththefollowinginformationforthetwoyearsended31Decemberyears2002and2003.BalanceSheeten
Theaccountingconceptorconvention,which,theeconomiclifeofabusinesscanbedividedintoartificialtimeperiods,isbas
Besidesfileloans,banksprovidenon-loanfinancialservicestotheirbusinessclients.Describethefactoringservicesandlea
ARequiredReserveRatioisafractionofthedepositsofthepublicthatabankholdsinreserve.
They’llnevergetamortgage;they’rebad______.
UnderFOBtermsthebillofladingwouldstategoods______.
随机试题
直接经验和间接经验的关系是()。
超声诊断出现不恰当的常见原因有
男性,60岁。因左侧胸痛、气急进行性加重3周就诊。B超检查发现左侧大量胸腔积液。胸片示除左肺尖可见外,左侧胸腔大片均匀一致的浓密阴影,肋膈角消失。但无气管和纵隔移位。其原因可能是()
毛细胞白血病属于特殊类型的
实物法是按统一“量”、指导“价”,即按“量”、“价”分离编制施工图预算的方法,其中的“量”、“价”分别是指()。
高层建筑筏形基础和箱形基础长度超过()m时,宜设置贯通的后浇施工缝(后浇带),后浇带宽不宜小于80cm,在后浇施工缝处,钢筋必须贯通。
依据企业所得税的相关规定,下列表述中,正确的是()。
甘肃省酒泉市是我国最适宜种植棉花的地区之一。2004年全市棉花种植面积达到66.06万亩,占农作物总播种面积的35%。棉花已成为带动酒泉农村经济发展的支柱产业,已成为农民致富奔小康的主要手段,已成为促进县域经济发展、增加财政收入的重要组成部分。改革开放以来
甲说:“物质不生不灭。”乙说:“任何物质都有生有灭。”对于二者的观点,正确的判断是()。
认为“智力包括三种成分,即元成:分、操作成分和知识获得成分”的心理学家是
最新回复
(
0
)