The main longer-term finance provided by financial intermediaries is/are:
A) certificates of deposit.
B) commercial paper.
C) corporate bonds.
D) term loans.

Question

Quizplus · Accepted Answer

Term loans are the main longer-term finance provided by financial intermediaries such as banks and other lending institutions. These loans are typically repaid over a period of several years and are used to finance business operations, acquisitions, and other major investments. While certificates of deposit, commercial paper, and corporate bonds may also be offered by financial intermediaries, they are typically shorter-term financial instruments.

The Main Longer-Term Finance Provided by Financial Intermediaries Is/are