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The Miller and Urey experiment used molten metal to simulate volcanic lava on the primordial Earth.
Lender
An individual, financial institution, or other entity that provides funds to a borrower under the condition of future repayment with interest.
Bank Credit
The amount of credit available to a company or individual from a banking institution.
Short-Term Financing
Refers to the borrowing of funds for a period of less than one year to meet immediate financial needs.
Trust Receipts
Trust receipts are documents issued by banks to borrowers indicating that the bank holds the title to imported goods until the loan is repaid.
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