Examlex
Costa and McCrae are associated with ____.
Zero Coupon Bonds
Bonds sold at a discount that pay no periodic interest payments but are redeemed at their face value at maturity, providing a fixed return to investors.
Factoring Receivables
Factoring receivables is a financial transaction where a business sells its accounts receivable to a third party at a discount to get immediate cash.
Short-Term Credit
Borrowings taken by a company to fulfill its short-term financial needs, typically repaid within a year.
Blanket Inventory Lien
A legal claim on all inventory items of a borrower by a lender as collateral for a loan.
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