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
Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year. Of these loans
Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year. Of these loans
admin
2013-12-25
11
问题
Well over half of all bank commercial loans are made for a short term, that is, for period of less than one year. Of these loans, about half are made on an unsecured basis to seasonal businesses and to borrowers with short-lived and project-oriented needs for funds. Secured short-term borrowers typically are less strong financially or are untested businesses without an earnings record. The most common type of short-term loan is the working capital line of credit extended to financially strong borrowers who have seasonal swings in their operations. Retailers and seasonal manufacturing firms are regular users of such credit. Through the line-of-credit commitment, a bank indicates its intention to honor borrowings up to the amount of the line. The amount is established on the basis of the customer’ s proforma peak funding requirement, and it assures the borrower of the availability of funds to finance bulges in working capital as sales expand and contract. The line of credit facility is very flexible and overcomes the need to extend a series of separate short-term loans. The customer "takes down" only parts of the line as the need arises, so that redundant borrowings are unnecessary. Loan interest is charged on only the amount actually borrowed, and the loan may be repaid as reflows of cash to the firm occur when seasonal sales decline.
The periods of short-term loan is less than one year.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
A
解析
第一段第一句Well over half of all bank commercial loans are made for a short term,thatis,for period of less than one year.可以看出。
转载请注明原文地址:https://kaotiyun.com/show/ehid777K
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
In1826,aFrenchmannamedNiepceneededpicturesforhisbusiness.Buthewasnotagoodartist.Soheinventedaverysimplec
In1826,aFrenchmannamedNiepceneededpicturesforhisbusiness.Buthewasnotagoodartist.Soheinventedaverysimplec
Internet(因特网)useseemstocauseadecline(下降)inpsychological(心理的)health,whichisreportedbyastudy.Evenpeoplewhospen
Henryhadtowalkhomebecausehemissedthelastbus.Henrydidn’t______thelastbussohehadtowalkhome.
Farmersdonotlikecrows(乌鸦)becausethesebirdseatnewly-plantedseeds(种子).Theyareafraidthattheywillnothaveanythingl
Thepolicemanwrote______thenumberofthecarinhisnotebook.
Inbusinesschargesdepreciationinaccounts,theaccountingconcepttobeconsideredisthematerialityconcept.
WemeetsthechallengeofglobalizationTenyearsago,USbankersandbrokerstalkedaboutglobalization.Capitalbarriersw
CheckingaccountsIntheUnitedStates,checkingaccountsareavailableonlyatcommercialbanks.Commercialbanksspecializ
trade,above,expiration,respond,strike,profitable,seller,how,most,financialIngeneral,anoptiongivestothebuyer
随机试题
A.主动脉内膜撕裂,血液进入中膜B.主动脉破裂形成血肿,周围包绕结缔组织C.主动脉呈病理性扩张D.主动脉内膜、外膜广泛性纤维增厚E.主动脉狭窄合并血栓形成主动脉夹层的主要病理改变是
患者女,24岁,初产妇,妊娠12周入院,主诉腹部疼痛,有少量的阴道流血,查体:子宫大小符合妊娠周数,宫口未开。该患者可能是
我国国家赔偿立法确定的归责原则为()。
下列关于实地查看估价对象的表述中,错误的是()。
城市和乡村作为两个相对的概念,存在的基本区别为()。
下列不属于借款合同的主要法律特征是()。
Excel中,跨工作表单元格引用又称为()。
下列属于银行流动资金贷款贷前调查报告内容的有()。
经营杠杆
Whenshouldpeoplebemadetoretire?55?65?Shouldtherebeacompulsoryagelimit?Manyoldpeopleworkwellintotheir
最新回复
(
0
)