SECURED NOTE
Secured Note is a kind of loan supported by the asset of the borrower. In the case of default, the borrower’s pledged assets may be sold to repay the note and thus reduce the risk found in secured notes and at the same time lower the interest rate of lenders as well due to low risk. Unsecured notes is not backed up by assets accounting for the higher risk thus higher interest rates.
POPULAR TERMS
Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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