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A Type of Short-Term Loan Where the Borrower Sells Its

question 41

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A type of short-term loan where the borrower sells its receivables to the lender up-front,but at a discount to face value,is called:


Definitions:

Spread

The statistical range, measuring the variability or difference between the upper and lower bounds in a data set.

Histograms

Graphical displays of data that use bars to represent the frequency of numerical data that are separated into intervals, or bins.

Original Data

The raw data collected directly from the source without any processing or manipulation.

Spread

A term referring to the range or distribution of a set of data points or values, indicating how far apart data points are.

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