A loan secured with a financial asset (eg. Accounts receivables) is a called a ___________ loan. Collateral   Debenture   Mortgage   Notes payable

Q: Finding the total interest of a loan is similar to finding the total interest in an annuity's

A: When you take a loan then you have to make payments towards the principal amount as well as towards…

Q: Describe the repayment process for both a term loan and ab

A: Term loan and bonds are two different types of raising money.

Q: A mortgage is a O short-term amortized loan that is secured by financial assets. O long-term…

A: A mortgage loan is a secured loan in which you borrow money by pledging your property as collateral…

Q: the lending operation, how many types of loans security?

A: In lending operations banks for their safety of loans ask  for some collateral.You have to provide…

Q: Explain in general terms how the portions of loan payments going to principal and interest change…

A: Installment loans gradually pay down the loan principal while the payments remain the same .…

Q: Give and explain the factors that affect the interest rate on the loan

A: Following are the factors that affect interest rate on the loan:  1. Supply and Demand Interest…

Q: The payment for the use of borrowed money is called: loan maturity value interest principal

A: Borrowed money is the loan taken, which is to be repaid within the terms of the loan contract.

Q: Describe the Repayment Plans Offered by the Lender?

A: Answer: A repayment plan is a method of repaying a debt over an extended period of time, usually by…

Q: Loans backed by tangible assets are known as _____ loans. open-end creditrevolving credit…

A: Loan A loan refers to the amount of money given by the person who has excess funds to the person who…

Q: The time value concept/calculation used in amortizing a loan is

A: Time value of money (TVM) means that the amount of money received in the present period will have…

Q: For a creditor; how is a loan impairment recorded?

A: Creditors:   They are the outside entities to whom the business owes money for any product or a…

Q: what are two types of credit

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: What items are listed on a loan document

A: There are various kinds of loans that an individual can take from a bank or a financial institution.…

Q: Classify the following items as (1) on-balance-sheet assets, (2) on-balance sheet liabilities, (3)…

A: Off-balance sheet items include the items that are not represented in the balance sheet. Whereas,…

Q: Credit card debt and commercial loans are easily among the most significant and familiar financial…

A: Credit card debt is a type of bank overdraft wherein the borrower needs to pay an interest amount…

Q: What is defined as the interest on a load or principal that is based only on the original amount of…

A: The right answer is option (D) simple interest

Q: The actual amount that is given to the borrower is called the after the loan has been discounted.

A: Basically a discounted loan has three components Discount Proceeds Maturity Value

Q: at is the relationship of Debt (Loans) to Borrowers to Financial Intermediaries?

A: The financial intermediaries are very important in the financial world and transactions and there…

Q: What two types of current assets are frequently used as security for short-term loans?

A: Short term loans are generally obtained by companies in order to support their temporary business…

Q: Which of the following is a secured loan? A - All of these are secured loans B - accounts…

A: A secured loan is a loan that is secured against some collateral security; under this the lender can…

Q: Differentiate between mortgage bonds and debentures.

A: Mortgage bonds: Mortgage bonds are type of bonds in which holders have right towards real estate…

Q: A(n) is where the debtor delivers personal property to the creditor to secure the debt. (one word)

A: bailment represent a legal relationship where physical position of the person property transferred…

Q: Which is the proper accounting treatment for a mortgage payment? a) Debit: Expense Debt Service…

A: A mortgage payment is a payment of liability for the organization. A reduction in liability is…

Q: How commercial loans and mortgages are structured in terms ofinterest and principal payments.

A: Commercial loan, as well as a mortgage, are being structured in terms of interest and principal…

Q: Which of the following is true when the mortgage loan is an amortizing loan? a. At the beginning of…

A: Borrowings are the liability of the company which is used to finance the requirement of the funds.…

Q: Which is the proper accounting treatment for a mortgage payment?

A: Answer:   Option b.

Q: An escrow agreement and a mortgage A promissory note and a mortgage or deed of trust A promissory…

A: When any property is mortgaged as collateral for financing than it is necessary to make certain…

Q: ne loans which are to be repaid within a short O a. Fixed liabilities b. Long-term liabilities C.…

A: Ans. Liabilities can be of many types - i. Current Liabilities  ii. Non-current Liabilities iii.…

Q: ovide example of accounting treatment for transactions related to loan in two situations as…

A: Loan : It is the amount which is borrowed by the individual to fulfil his/her needs. When amount…

Q: A mortgage is a security interest in a debtor's real property. True False

A: Solution Concept Mortgage                 When someone needs to borrow a sum from any person or…

Q: Securitization is the financial practice of pooling various types of contractual debt, such as…

A: Securitization is a process in which a financial institution or any company merges its liquid assets…

Q: Describe the concept of non interest bearing on loan.

A: A non-interest bearing loan is a debt for which there is no documented requirement for the borrower…

Q: f a bank client requests a loan for the acquisition of real estate, what type of loan is he/she…

A: A. A refinance loan involves revision of loan terms. For example: If there is a drop in interest…

Q: . Accounts receivable financing is the term used to describe which of the following types of loans…

A: In Accounts receivable financing companies make a collateral of its account receivables to get loan…

Q: Explain the term Loan Repayment Schedule?

A: Loan is a sum of money borrowed by an individual/organization from a bank or lender that has to be…

Q: How does getting a secured loan using accounts receivableas collateral differ from factoring?

A: In factoring, the corporation sells their receivable balance to the factoring corporation at a…

Q: a loan, secured by a collateral, that the borrower is obliged to pay at specific terms. O Loan…

A: A loan is referred as the funds through which one or more company, individual, or some other entity…

Q: Documents of credit appraisal for individual loan.

A: Credit appraisal basically refers to assessing a particular loan application or proposal in a…

Q: Distinguish between a mortgage and a note

A: Note is a legal document, signed by the borrower to the creditor, agreeing to repay the money. When…

Q: The original amount of money in a loan transaction is known as what?

A: Introduction: A loan is nothing but an amount of money lent from one or more individuals or…