首页
登录
职称英语
Funds derived from term loans are used for a number of purposes. One of the
Funds derived from term loans are used for a number of purposes. One of the
游客
2025-06-19
14
管理
问题
Funds derived from term loans are used for a number of purposes. One of the most important is the purchase of buildings and equipment needed by the borrower to maintain a competitive position and keep pace with the demand for the firm’ s products. In addition, increased sales usually call for increased working capital, which may be financed through term borrowing. Term loans are used to finance new ventures, at which a firm adds a new product or integrates vertically to produce some portion of the raw materials needed in its operations. Term borrowing is also used to refinance existing obligations.
Frequently, the borrower needs to draw down the funds over a period of many months, as in the case of a major plant expansion or the acquisition of a fleet of aircraft. In such cases it is common practice to combine the term loan agreement with a commitment agreement or revolving credit. The lender agrees to make funds available to the borrower as they are needed over a period of, say, two years up to a specified total amount. The agreement also provides that at the end of the commitment period the entire amount borrowed to that date shall be incorporated in a term loan. For an arrangement of this kind, the borrower is normally required to pay a commitment fee of from one-fourth to one-half of 1 percent on unborrowed amounts during the period of the bank’ s commitment. [br] The term-loan agreement specifies a draw-down period of, say, up to two years, during which the funds must be used by the borrower; otherwise the borrower is not allowed to draw down any unused credit.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
关于定期贷款协议文中第二段第一句Frequently,the borrower needs to draw down thefunds over a period of many months…做了简短的说明,并没有提到题中所说的贷款额必须全部使用完,更没有说不允许使用没有使用的信用额度。
转载请注明原文地址:https://tihaiku.com/zcyy/4125281.html
相关试题推荐
Fundsderivedfromtermloansareusedforanumberofpurposes.Oneofthe
Fundsderivedfromtermloansareusedforanumberofpurposes.Oneofthe
Fundsderivedfromtermloansareusedforanumberofpurposes.Oneofthe
Describetheproceduresofsuppliercreditaccordingtothenumbersgiveninthe
Describetheprocedureofoutwardcollectionaccordingtothenumbersgivenint
Onceabreak-evenpointisdetermined,managementoftenwantstoknowthenumber
Wehaveastrongbeliefthatreducingthenumberofemployeesdoesnot_______le
Accordingtothereport,thenumberofjoblesswomen_______receivingwelfareis
Pleaserefertoyourpersonal______number.A、identifyB、identitiesC、identificat
ACCOUNTNUMBER:3752-ADATE:5/8/2009BUYER’SNAME:BRAD,FISHERDATEPURCHASED:
随机试题
Inancienttimesthemostimportantexaminationswerespoken,notwritten.In
QuestioningTechniques—AskingQuest
TheAmericanwarondrugshasgottenallthetypesinrecentyears,butalco
—Excuseme.CanIparkmycarhere?—No,I’mafraidnot.______—Oh,doyouknow
小王是新来的同事,做错了事情被领导批评,对工作失去了信心,作为同事你要如何帮助他
股票交易中属于单向收费的是( )。A.佣金 B.经手费 C.印花税 D.
关于单层建筑物建筑面积的计算,下列说法正确的有()。 A、不论高度如何均按
A.十年 B.二年 C.一年 D.五年 E.三年精神药品处方保存
城市污染源根据哪项依据分类,可分为固定性和移动性两类污染源?()A.分布特
(2018年真题)关于联邦制的财政管理体制的说法,正确的是()。A.美国、
最新回复
(
0
)