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In the performing stage of development, the group requires a coaching style from the leader.
Bad Debt Risk
The risk that money owed to a company by debtors will not be paid and thus become a bad debt.
Compensating Balance
A minimum account balance that a borrower must maintain as part of a condition for obtaining a loan.
Line of Credit
A flexible loan from a bank or financial institution that allows a borrower to draw and use funds up to a designated limit.
Field Warehouse
A storage facility that is used to store goods that are under the control of a financing company until the loan secured by those goods is repaid.
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