Capital is a term used to refer to a borrower's financial ability to meet credit obligations and make regular payments.

Name: Capital is a term used to refer to a borrower's financial ability to meet credit obligations and make regular payments.
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Question

Quizplus · Accepted Answer

Capital refers to the financial assets or resources that individuals, companies, or governments have to fund their operations and invest in their projects. It does not specifically refer to a borrower's ability to meet credit obligations.

Capital Is a Term Used to Refer to a Borrower's