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5 C's of Credit
The five key elements a lender considers when evaluating a loan application: character, capacity, capital, collateral, and conditions.
Character
In finance, character often refers to the creditworthiness of a borrower, indicating their reputation or track record for repaying debts.
Credit Obligations
The responsibility to repay borrowed money or debts incurred, which can include loans, bonds, or lines of credit.
NPV Investment
An analysis method used to determine the present value of an investment's expected future cash flows minus the initial investment cost.
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