Examlex
__________ is the degree to which the authority to make decisions is restricted to higher levels of management.
Commitment Fee
A fee charged by a lender to a borrower for an agreed-upon loan or line of credit that has not yet been utilized.
Self-Liquidating Debt
A type of short-term loan that is used to finance a project or inventory that will generate enough income to pay back the loan.
Spontaneous Financing
Financing that arises naturally from the normal operation of a business, such as trade credit from suppliers.
Seasonal Working Capital
Additional funds a business may need at certain times of the year to manage increased operational activities.
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