The requirement in a bank loan agreement that obligates a borrower to keep a deposit at the lending bank equal to a specified percentage of the amount of the loan is known as the:
A) Times-prime method
B) Equity kicker
C) Right-of-offset balance
D) Collateral deposit
E) Compensating balance
Correct Answer:
Verified
Q58: A corporate bond secured only by the
Q59: A leveraged buyout is:
A) The purchase of
Q60: The method of financing a corporate merger
Q61: Corporate bonds that pay a return solely
Q62: A provision in a bond indenture aimed
Q64: A corporate debt security whose interest rate
Q65: A security that allows an investor to
Q66: Securities that are designed to give a
Q67: Securities with maturities ranging from one to
Q68: Debt securities that grant the issuing corporation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents