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Unsecured Credit

See Also: Debits and Credits Credit Letter Direct Tax Credit Memorandum (memo) Unsecured Credit Definition Define unsecured credit as credit not collateralized by an asset. It is a common form of credit used for business. Furthermore, an unsecured credit line comes in many forms, including the following: Credit card Trade credit Lines of credit Mezzanine debt

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Interest Rate Definition

See Also: Effective Rate of Interest Calculation Interest Expense What are the 7 Cs of banking Time Value of Money (TVM) Interest Rate Risk LIBOR vs Prime Rate Federal Funds Rate Definition Treasury Inflation Protected Securities Interest Rate Definition An interest rate signifies a borrowing cost. The interest rate definition is the rate the lender

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Fixed Interest Rate vs Floating Interest Rate

See Also: Effective Rate of Interest Calculation What is Compound Interest When is Interest Rate Not as Important in Selecting a Loan? Nominal Interest Rate Interest Rate Swaps Fixed Interest Rate vs Floating Interest Rate A loan can have a fixed interest rate or a floating interest rate. If the loan has a fixed interest

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