会计考友 发表于 2012-8-16 08:44:06

银行业务基础:CommercialLending商业贷款

  Letter of Guarantee
  A document issued by a bank, which acts as a guarantee of payment to a beneficiary for a specified period and up to a specified amount.
  Legal Entity
  A person or a company, which is legally allowed to enter into a contract and can be sued if the contractual obligations are not met.
  Balance Sheet
  A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
  Cash Flow Statement
  A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.
  Credit Line
  An arrangement in which a bank offers to provide a specified amount of credit to a borrower for a certain period of time.
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