FT MarketWatch

Commercial finance

A secured business Loan in which the borrower pledges as Collateral any assets used in the conduct of his/her business. also called Asset-based lending or Asset-based finance.

Related Terms: 14 Asset, Asset-based finance, Asset-based lending, Borrow, Base, Call, Collateral, ECU, Finance, FIN, Lend, Loan, Owe, SEC
Other Related Pages: Category: Lending_and_Credit Starting With: C
Additional Related Terms: Active asset, Alternative assets, Asset, Asset/equity ratio, Available assets, Asset management account, Accrual of discount, Amortization of premium, Asset-backed security, Asset swap