Examlex
Match the following descriptions with the correct term:
-Cohort effect
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.
Collateral
An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
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