Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fill in the missing names for the concepts. is a form of finance where debt is divided into units and sold to investors. is a

Fill in the missing names for the concepts.

  • is a form of finance where debt is divided into units and sold to investors.
  • is a form of lending which has the same effect as borrowing to purchase the asset
  • is a term loan that is secured by freehold property.
  • is the act of bundling together illiquid financial or physical assets of the same type so as to provide financial backing for an issue of bonds.
  • is a flexible form of borrowing that allows a business to have a negative current account balance.
  • A financing option that involves the bank or its subsidiary taking over a company's sales ledger is known as .

Enter your answers in lower case (small letters) only.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Linear Algebra

Authors: Ron Larson

8th Edition

1305877020, 9781305877023

More Books

Students also viewed these Mathematics questions

Question

1. Why do we trust one type of information more than another?

Answered: 1 week ago