Examlex
Match the term with its definition.
a.Balloon payment
b.Business angels
c.Chattel mortgage
d.Crowdfunding
e.Factoring
f.Initial public offering
g.Loan covenants
h.Private placement
i.Real estate mortgage
j.Venture capitalist
-The process of raising very small investments from a large number of investors via the Internet
Uneven Cash Flows
Refers to cash inflows or outflows that vary in amount over different periods, not following a uniform pattern.
Nominal Rate
The stated interest rate of a bond or loan, which does not account for inflation or compounding effects.
Fifth Payment
Typically refers to the fifth installment of a scheduled series of payments.
Bank Loan
A sum of money lent by a bank to a borrower at a specified interest rate for a fixed term or on an on-demand basis.
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