Examlex
Which of the following groups contains no ionic compounds?
Minimum Compensating Balance
The lowest balance that a business must maintain in its bank account as a requirement for banking services or loans.
Line-Of-Credit
A financial arrangement in which a bank or other lender provides a maximum loan amount that the borrower can draw from as needed, but does not exceed over a specified period.
Needed Cash
The amount of liquidity a company or individual requires to meet immediate obligations or for short-term goals.
Commercial Paper
Commercial Paper is an unsecured, short-term debt instrument issued by corporations, typically for the financing of operating expenses and meeting short-term liabilities.
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