Examlex

Solved

Which of the Following Is Not a Passive Bond Strategy

question 51

Multiple Choice

Which of the following is not a passive bond strategy?


Definitions:

Floor Planning

A type of business loan generally made for “big-ticket” items. The business holds the item in inventory and pays interest, but it is actually owned by the lender until the item is sold.

Unsecured Loan

A loan that doesn't require collateral and is based on the borrower's creditworthiness.

Fixed-Rate Loan

A loan where the interest rate remains constant throughout the term of the loan, providing predictability in payments.

Mortgage Broker

A professional intermediary who facilitates the process of acquiring a mortgage loan for individuals or businesses.

Related Questions