UNSECURED LOAN
Unsecured Loan is a kind of loan whose collateral is only the borrower’s "creditworthiness" and not any form asset. Unsecured loan uses the credibility of the borrower and the trust of the lender that he or she will keep his or her word to pay back the debt. In trading, borrowers are able to have approved unsecured loans because they have very high credit ratings. Unsecured loans are also referred to as signature loans or personal loans.
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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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