Short Answer
When a local merchant sells the accounts receivables they hold against their customer to a bank this generally known as _______.
Correct Answer:
Verified
discountin...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
discountin...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q31: A(n)_ offers loans to commercial enterprises (such
Q32: Which of the following has been an
Q33: Banks which offer virtually all financial services
Q34: A bank which manages the investment portfolio
Q35: Early European banks were places for safekeeping
Q37: The role performed by banks in the
Q38: Which of the following types of banks
Q39: A study of history shows that one
Q40: A bank that offers its services only
Q41: According to the textbook,traditional banking may be