Examlex

Solved

Match the Following Terms or Phrases with the Correct Description

question 15

Multiple Choice

Match the following terms or phrases with the correct description or definition.​
-​Resolution


Definitions:

Commitment Fee

A fee charged by a lender to a borrower for an agreed-upon loan or line of credit that has not yet been utilized.

Self-Liquidating Debt

A type of short-term loan that is used to finance a project or inventory that will generate enough income to pay back the loan.

Spontaneous Financing

Financing that arises naturally from the normal operation of a business, such as trade credit from suppliers.

Seasonal Working Capital

Additional funds a business may need at certain times of the year to manage increased operational activities.

Related Questions