The Interest Rate and Repayment Terms for Term Loans Often

question 180

True/False

The interest rate and repayment terms for term loans often are based on such factors as the reasons for borrowing, the borrowing firm's credit rating, and the value of collateral.

---

Definitions:

Conflict Resolution

The process by which two or more parties find a peaceful solution to a dispute, disagreement, or divergence of views and interests.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind, intended to reveal unconscious thoughts and feelings.

Oral Stage

A phase in Freud's psychosexual development theory during which an infant's pleasure centers on the mouth.

Exploration

The action of traveling or searching through an unfamiliar area to learn about it or discover new information.