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[FECT高级考试] 银行业务基础:CommercialLending商业贷款

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发表于 2012-8-16 08:44:06 | 显示全部楼层 |阅读模式
  Letter of Guarantee2 ]+ V8 F  F$ D
  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.
( ^3 R* Z1 f5 R; r1 G  L  Legal Entity
6 b; C( [+ }1 h4 v/ ?  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.% _5 I7 ~6 @* D9 V. a; \
  Balance Sheet; \1 T2 }+ h# k+ H: V
  A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.
3 A* i1 w, ?$ m4 u! H0 p/ G! l  Cash Flow Statement
, b! {/ p" j$ `  A detailed document showing all company income and expenses. Where income exceeds expenditure, the company has a positive cash flow.1 F& ~2 M$ g/ U; u
  Credit Line
9 B$ J; c! y$ @; P) v2 ]' |  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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