The Use of Receivables as Collateral for a Loan Is

question 21

Multiple Choice

The use of receivables as collateral for a loan is known as:

• A) capital leasing
• B) warehouse financing
• C) receivables lending
• D) a microloan
• E) venture leasing

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Definitions:

Racial Minority

A group of people identified by their race who make up a smaller percentage of the total population than the majority group.

Labor Market

The supply of available workers in relation to available work.

Wages

The monetary compensation paid by employers to employees for their labor, typically calculated on an hourly, daily, or piecework basis.

Segregation

The act or state of separating or being separated into different groups based on characteristics such as race, gender, or religion, often leading to unequal treatment or opportunities.