Multiple Choice
A bank's commitment to provide a firm with loans up to pre-specified limit at an interest rate that is tied to a market interest rate is called
A) an adjustable gap loan.
B) an adjustable portfolio loan.
C) loan commitment.
D) pre-credit loan line.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q64: Unanticipated moral hazard contingencies can be reduced
Q65: When you deposit $50 in your account
Q66: The share of checkable deposits in total
Q67: Use the following table to answer the
Q68: As the costs associated with deposit outflows
Q70: Provisions in loan contracts that prohibit borrowers
Q71: Banks acquire the funds that they use
Q72: If a bank has _ rate-sensitive assets
Q73: If a bank has $200,000 of checkable
Q74: Property promised to the lender as compensation