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Match the Term with Its Definition

Question 132

Multiple Choice

Match the term with its definition.
-The interest rate charged by commercial banks on loans to their most creditworthy customers


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:

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