Answer:
sinking fund provision
Explanation:
Sinking fund provision -
It is the type of fund , where certain amount of money is kept saved which is used to pay for the debt or bond , is referred to as sinking fund provision.
The company issuing the debt is required to pay the debt in the future , where the sinking funds enable to reduce the huge outlay of the revenue.
Hence , from the given scenario of the question, the correct term is sinking fund provision.
D. anemia
Anemia is a condition in which you lack enough healthy red blood cells to carry adequate oxygen to your body's tissues.
The answer from given choice is "C", "Payday Lender" is not a type
of bank.<span>
Payday lender involve the basic loan procedure where a lender
is providing a short-term loan which
has to be paid back when the borrower's next payday come, that is a
simple loan process which has nothing to do with a bank.</span>
Answer:
B. In a single payment, and the collateral is returned
<u>Multiple-choices</u>
A. In multiple payments, and collateral is retuned
B. In a single payment, and the collateral is returned.
C. The lender sells the item to pay off the interest.
D. The lender cashes a postdated check.
Explanation:
A pawn-loan is a credit facility based on collateral provided. Pawnshop issues pawn-loans without any credit history checking. The borrower presents an item of value, either jewelry, electronics, mobile gadgets, or other items resellable to other customers.
A pawnshop typically issues short term loans. The credit period is mostly 30 days. The borrower is should to repay the loan amount plus interest by end of month to redeem their collateral. Due to the short credit period and the high risk of lending, pawnshops do not usually allow installment repayments.
I want to say that the answer is <span>copy development</span>
