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Match the Term with Its Definition

Question 9

Essay

Match the term with its definition.
a.Asset-based loan
b.Basis point
c.Chattel mortgage
d.Equipment loan
e.JIBAR (Johannesburg Inter-Bank Agreed Rate)
f.Line of credit
g.Prime rate
h.Purchase-order financing
i.Term loan
-The interest rate that South African-based banks charge other banks in South Africa.

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