Financial Lending

Loan Value
Loan value refers to the maximum amount a lender is willing to extend as a loan based on collateral or the cash value of a policy.
Representation and Warranty
Representation and Warranty is a clause in loan agreements where borrowers assure their ability to borrow and provide guarantees, along with other critical confirmations.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.