Examlex
Under the Commerce Clause,any state statute that affects interstate commerce is unconstitutional.
Plant Improvement Loans
Loans specifically aimed at financing the upgrades or expansion of physical industrial facilities to enhance productivity or capacity.
Second Mortgage
A loan taken out on a property that is already mortgaged, with the second loan being subordinate to the first.
Trade Credit
A type of commercial financing in which a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.
Line of Credit
A flexible loan from a bank or financial institution that offers a borrower a maximum amount of money they can borrow over a specified time period.
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