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A person/Company taking money from there stock and giving it to a much poorer person, In the hopes of that person paying them back plus some. Kind of like buying 50 cents for a dollar.
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∙ 15y ago
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The Prime rate is the lending rate at which the largest and most creditworthy corporations borrow money from banks?
TRUE!
Will the bank lend money to a child?
No. Loans and Lending facilities are limited to only adult customers of a bank who are employed or in a business and have a monthly earning capacity. Children are not valid customers for a bank from the lending point of view
What best describes the economic effect that results when the government increase interest rates and restricts the lending of money?
Borrowing money becomes more expensive and there is less investment in production.
What were some of the economic danger signs of the 1920s?
the prohibition of alchol the lending out of money the bank did and no one beingn able to pay it back
The us government borrows money by?
Issuing Treasury Bonds and other government-backed securities
Is there much money to be made in hard money lending?
You can make a profit in lending money. Success depends on who you lend to.
What is the practice of lending money for interest?
the practice of lending money is the practice of your moms vagina
What is the purpose of money lending?
The role of lending money is to help developing countries,in order to get job done
What is inter bank lending?
Banks lending money to other banks.
Can a private citizen sue for lending you money?
No, you can not sue somebody for lending you money. You can sue somebody if you have lent them money and they failed to pay it back.
What are the lending policy?
It all depends on who's lending you the money. business have different %
What is call money and notice money?
The term "Call money" is borrowing or lending money for 1 day. The term "Notice money" is borrowing or lending money for a period of 14 or more days.
Is money lending act and provision are effective on private banking sector?
is privet banks comes in money lending act criteria
What is the practice of lending money with iniquitous rates?
The practice of lending money, with interest rates "above the lawful rate", is called usury.
What is social lending used for?
Social lending is used to lend money to other peers around you without going through a bank or other financial institution in order to get the money. There are peer to peer lending websites in order to practice social lending.
What does the word 'corporate lending' refer to?
The term 'corporate lending' refers to a bank lending money to a business and corporation. The money being lent is usually much more than would be lent to an individual.
Making a profit by lending money is?
Usury
