Please match the terms relating to the basic terminology and concepts. Seasonal Dating _____ A. If...

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Finance

Please match the terms relating to the basic terminology andconcepts.
Seasonal Dating ___    A. If the borrower cannotrepay the loan, the lender can liquidate certain assets
Collection Policy _    B. Customers can pay lessthan the full invoice amount if they pay within a certain number ofdays.
Credit Standards _ C. A borrower is required to hold acertain amount of money in an account at the lender'sinstitution.
Cash Discounts _ D. Benefits can be used to repay a loan inthe case of the death of an owner or important employee.
Loan Guarantees _    E. A firm has particularrequirements that must be met before credit is extended tocustomers.
Collateral    _    F. This type ofdiscount is used most often in seasonal businesses.
Key-person Insurance _ G. A firm has certain procedures todeal with past-due accounts.
Discount interest loan _    H. This is used bybanks to assure payment of loans to privately held companies.
Compensating balances _ I. To estimate the annual rate,divide the interest paid by half the amount received.
Add-on interest ___ J. This is a loan in which the borrowerprepays the interest.

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A If the borrower cannot repay the loan the lender can liquidate certain assets COLLATERAL B Customers can pay less than the full invoice amount if they pay within a certain number of days Cash See Answer

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