A loan made by an institution to a business with an initial maturity of more than 1 year,generally 5 to 12 years,is known as a(n):

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A loan made by an institution to a business with an initial maturity of more than 1 year is known as a term loan. Eurocurrency loans are made in a currency other than the domestic currency, Treasury bills are short-term debt securities issued by the government, syndicated loans are loans made by a group of lenders to a single borrower, and stock purchase warrants are a financial instrument that gives the holder the right to buy shares at a certain price in the future.

A Loan Made by an Institution to a Business with an Initial