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
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
admin
2012-01-26
61
问题
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such weakness may be indicated by several factors, including heavy obligations to creditors, poor management, and insufficient income. Borrowers in this financial condition can strengthen their credit by pledging certain assets. Having a secured loan may also be a psychological advantage for a bank. As long as the borrower has greater equity in the pledged assets than does the bank and the bank is in a preferred position and can foreclose in the event the loan agreement is broken, the borrower has a strong incentive to repay the obligation. The length of a loan also has a bearing on whether it will be secured. As the term of the loan lengthens, the risk of non-repayment increases. Loans for purchasing real estate are nearly always secured, especially if the funds are borrowed for long periods of time, because of risk of non-repayment.
Unsecured loans are based more exclusively on the borrower’s integrity and financial condition, expected future income, and past record of repayment. Contrary to popular belief, the largest loans and the greatest dollar volume of loans made by some banks are often granted on an unsecured basis. The largest commercial borrowers are able to borrow on an unsecured basis. Some companies are considered by banks to be prime borrowers, and in many cases they receive the most favorable interest rate. Such companies have competent management, products and services that are well accepted in the marketable, relatively stable profits, and a strong financial condition. They provide their banks with financial statements from which it is relatively easy to determine their financial condition and keep track of their progress.
Business firms are not the only ones who borrow on an unsecured basis—many individuals enjoy this privilege. Persons who own their homes, have a steady job which they have held for years, and have a record of prompt payment both at the bank and at retail stores are commonly in a position to borrow on an unsecured basis. An applicant’s ability and willingness to pay are projected into various situations.
Security is required on loans so that ______.
选项
A、the lending bank can enjoy higher interest receipts from the loan
B、the borrower is more willing to pay back the money
C、the funds borrowed will be repaid within a shorter period of time
D、more prime borrowers are attracted
答案
B
解析
文章第一段提到As long as the borrower...strong incentive to repay the obligation.发放贷款时银行要求借款人提供抵押是为了提高贷款的安全性,在心理上给予银行一定的安全感,一般借款人在提供抵押品之后其还款意愿会有所提高。
转载请注明原文地址:https://kaotiyun.com/show/aKYd777K
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
Fiftyyearsfromnowtheworld’spopulationwillbedeclining.Unlesspeople’svalueschangegreatly,severalcenturiesfromnow
Sir.WilliamThompsonwasverydeaf(聋的)buthedidn’twantpeopletoknowthis.Oneeveninghehadinvitedseveralfriendstod
MynameisJim.I’m41Americanboy.I’mthirteen.I’mastudent42amiddleschool.I’minClassOne,GradeOne.LiHaiismyf
Ihavenevertakenaplane.MyfriendLiPing,either.______ushasevertakenaplane.
MissLiteachesforeignstudentsChineseinalanguageschool.MissLi______foreignstudentsinalanguageschool.
ARedClauseDocumentaryCreditisaDocumentaryCreditwithaspecialconditionincorporatedintoitthatauthorizestheConfir
Agroupofworkersreceivesapayincreaseof10%.Alsooverthissametimeperiodtheretailpriceindexrises10pointsto5It
A、Bypostingalltheentries.B、Bypreparingatrialbalance.C、Bycomparingtheentriesonbothsides.D、Byrecordingallthee
RE:ROYALPALACESPROJECTS,HongKongTae-Changis(147)preparingaquotationontheconstructionoftheRoyalPalaces,designe
随机试题
一年轻女性患者,体重55kg,体外循环心内直视术后6小时,病人呼及困难,出现躁动。查体T37.5℃,P24次/分,R31次/分,BP81/53mmHg,CVP23cmF2O,尿量20ml/h。血气分析示:pH7.37,PO280mmHg,PCO2
药品不良反应是指
我国成品油消费税实行的是()。
基坑开挖时,应对平面控制桩、()等经常进行检查。
“经营单位”栏应填:“件数”栏应填:
以下关于契约型基金的表述,不正确的是()。I.依据投资公司章程营运基金Ⅱ.基金依据托管协议而设立Ⅲ.基金依据基金合同而成立Ⅳ.基金董事会是基金的最高权力机构
2012年1月1日,甲公司向100名高管人员每人授予2万份股票期权,这些人员从被授予股票期权之日起连续服务满3年,即可按每股8元的价格购买甲公司2万股普通股股票(每股面值1元)。该期权在授予日的公允价值为每股10元。在等待期内,甲公司有10名高管人员离职。
函数为奇函数,则实数a=______。
•Readthearticlebelowaboutsmokingatworkplace.•ChoosethebestwordorphrasetofilleachgapfromA,B,C,orDonthe
Thepooroldconsumer!He’dhavetopayagreatdealmoreifadvertisingdidn’tcreatemassmarketsforproducts.Itisprecisel
最新回复
(
0
)