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A fraction of the available credit on a loan agreement deposited by the borrower with the bank in a low or non - interest -
A fraction of the available credit on a loan agreement deposited by the borrower with the bank in a low or noninterestbearing account is called a
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cleanup loan.
compensating balance.
letter of credit.
rollover.
factored loan.
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
