The Term 'Loan Rating' Refers to the Process of Individual

question 48

Multiple Choice

The term 'loan rating' refers to the process of individual loans being given credit rating by:

• A) rating agencies dependent on the lender's credit assessment.
• B) lenders dependent on a credit rating agency's credit assessment
• C) lenders independent of a credit rating agency's credit assessment.

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Definitions:

Radio

A technology that uses radio waves to transmit information, such as sound, by modulation.

Satellite

An artificial object placed into orbit around the Earth or another body in space for the purpose of communication, navigation, or observation.

Fiber

A type of material used in telecommunications that transmits light to carry information over long distances.

Dematerialization

The process of reducing the use of physical resources in the production and distribution of goods and services, often through digitalization.