Match the term with its definition.
-Money loaned for a 5- to 10-year term, corresponding to the length of time the investment will bring in profits
A) asset-based loan
B) basis point
C) equipment loan
D) LIBOR (London InterBank Offered Rate)
E) line of credit
F) prime rate (base rate)
G) purchase-order financing
H) term loan
Correct Answer:
Verified
Q126: Match the term with its definition.
-The process
Q127: Match the term with its definition.
-The sale
Q128: Match the definition with its term.
-An SBA
Q129: Match the term with its definition.
-Private individuals
Q130: Match the term with its definition.
-A very
Q132: Match the term with its definition.
-The interest
Q133: Match the term with its definition.
-A long-term
Q134: Match the definition with its term.
-Funds provided
Q135: Match the term with its definition.
-1/100th of
Q136: Match the term with its definition.
-A line
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