Pledged fiNancing Is a Short-Term fiNancing That Involves Either the Assignment

question 166

True/False

Pledged financing is a short-term financing that involves either the assignment of receivables to
another company for collection.

---

Definitions:

Ecocity

A city designed with careful consideration of environmental impacts, incorporating sustainable practices in energy, water, and food systems, and urban planning.

Mass Transit

A public transportation system designed to move large numbers of people efficiently by buses, trains, subways, or other vehicles.

Urban Population

Refers to the number of people living in cities or towns within a given area, highlighting the concentration of individuals in densely populated, built-up areas.

Global Urban Revolution

The rapid urbanization and the significant increase in the number of people living in urban areas globally, particularly since the 20th century.