Which of the following terms refer to a person or a firm making a loan? More than one answer may be correct. Multiple select question. Creditor Lender Borrower Debtor
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Which of the following terms refer to a person or a firm making a loan? More than one answer may be correct.
Creditor
Lender
Borrower
Debtor
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- Loans backed by tangible assets are known as _____ loans. open-end creditrevolving credit unsecuredsecuredEXplain the loan structuring?Classify the following items as (1) on-balance-sheet assets, (2) on-balance sheet liabilities, (3) offbalance-sheet assets, (4) off-balance-sheet liabilities, or (5) capital account. • Loan commitments. • Loan loss reserves. • Letter of credit. • Bankers acceptance. • Rediscounted bankers acceptance. • Loan sales without recourse. • Loan sales with recourse. • Forward contracts to purchase. • Forward contracts to sell. • Swaps. • Loan participations. • Securities borrowed. • Securities lent. • Loss adjustment expense account (PC insurers). • Net policy reserves