SIGNATURE LOAN
Signature loan is also referred to as ‘good faith loan’ or ‘character loan’. It is a kind of loan that banks and other financial institutions offer wherein only the signature and the promise to pay from the borrower are the collateral. In most cases, this kind of loan evoke a higher interest rate as it provides no actual collateral. It may be used in any situation the borrower sees viable.
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Letter of Credit
A commitment or promise letter, from a bank or importer, that is written to the seller, which guarantees the payment will be received on time and i ...
Bond Buyer 20
Average yield of 20 general obligation bonds with an AA rating and 20-year maturity. Released by The Bond Buyer, it is a poll of municipal bond tra ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Investing Style
In stock mutual fund investing, it refers to employing one of three possible approaches, investing in growth stocks, value stocks, or a combination ...
Business Owner Policy - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business r ...
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