Funded & Non-Funded Loan: Definition, Uses etc.
What is Funded Facility/Loan? Funded Facilities are the loan where the bank or other financial institution provides real cash (not …
Month: May 2018
PAYBACK PERIOD
Pay-back Period: Pay-back period is the time required to recover the initial investment in a project. It is one of …
Mortgage,Pledge and Hypothecation : Definition, Example etc.
What is Mortgage? According to Anglo-American Property Law, a mortgage occurs when an owner pledges his or her interest (right …
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What are Revolving and Non-Revolving Loan?
Revolving loans and non-revolving loans are two types of credit arrangements that financial institutions offer to consumers and businesses. They …
What is a Performance Guarantee? Types of Performance Guarantee.
Topic Overview Performance Guarantee is an agreement between a Client and a Contractor Bank Offer a guarantee to the client …
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What is Prime Security and Collateral Security?
To obtain a Bank Loan borrower has to put some assets as security against the loan amount. Security protects lenders …
What is Fixed Charges and Floating Charges?
General Concept of “Charges“ Fixed Charges and Floating charges are used by the lender to secure the fund of lender …
Pari-Passu Charge: Definition, Merits, Example.
Topic Overview Pari passu charged is used in case of consortium/syndicated loan Usually two or more than two banks are …