SOFT LOAN
Soft loan is basically a loan that has no interest or a below-market rate of interest. It may also be loans made by multinational development banks such as the Asian Development fund, World Bank affiliates, and government institution and agencies of developing countries who are not able to make loans at the market rate. They are characterized by lenient terms like extended grace periods, longer amortization schedules, and lower interest rates.
POPULAR TERMS
Highly Leveraged Transaction - HLT
HLT is a loan provided from a financial institution to a company that has a large debt amount already. The existing large amount of debt only means ...
Form 5
A document that must be filed with the Securities and Exchange Commission (SEC) by an insider who has conducted insider transactions during the yea ...
Countersignature
Additional signature from an official or professional on a document that has already been signed. Serving as confirmation or authentication, it is ...
Average Collection Period
The amount of time for a business to receive payments owed.
Primary Regulator
The state or federal agency with main supervisory responsibility for a financial institution. Banks and other financial institutions will have to f ...
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