The term credit risk refers to the risk associated with the credit already provided by the bank to the individual or company; there is various type of credit risk like credit risk, political risk, country risk, investment risk, etc.Answer and Explanation: ...
A creditor statement helps a borrower see whether repayment efforts are bearing fruit and gradually reducing the loan principal. If the debtor is not abiding by loan terms, the creditor may signal the default to credit reporting agencies and possibly initiate litigation. In a sense, a lender summ...
A credit note is a document issued by a vendor to a customer, usually providing a discount off the pricing that he or she normally...
What Is a Subprime Mortgage? A subprime mortgage is a home loan that comes with ahigher interest ratebecause the borrower’s credit history is impaired. Poor credit indicates that a borrower is less likely to repay a loan, so lenders charge higher rates to compensate for the increased risk ...
aIf the equipment is used in a manner not specified by the manufacturer, the protection provided by the equipment may be impaired. 如果使用设备没由制造者有些指定,也许削弱设备提供的防护。[translate] a这种新做法,对突破人才流动的体制性壁垒,改善目前公务员队伍的人才结构,提高干部队伍整体素质,更新执政理...
“Fortunately, patients are often surprised at how little pain is involved,” says Dr. Ho. Because the incisions are made in the natural eyelid crease, they're difficult to detect once healed. An eyelid lift that’s done to correct impaired vision due to extra skin on the eyelid (not...
An obvious and common threat to consumers is the attacker opening new accounts in the victim's name and significantly damaging the credit rating. This can be devastating as a credit rating is used in determining the most significant lifestyle purchases, such as a car, mortgage and business loan...
State insurance associations may guarantee or insure the policies written by its members, including members that become impaired insurers. Help extended to impaired insurers, outside of guarantees, may include credit or other funds, though the extension of any financial assistance is dependent on the...
The generally accepted accounting principles (GAAP) define an asset as impaired when its fair value is lower than its book value. To check an asset for impairment, the total profit, cash flow, or other benefit expected to be generated by the asset is compared with its current book value. I...
Accounts receivable are a controversial type of liquid asset. On one hand, a company has a legal claim to cash that is due to them often as part of their business operations. A customer may have bought something on credit, so after the credit term is up, the company is due to receive ...