American_Bankers_Association
CTFA · Question #42
The type(s) of collateral generally used for a secured short-term loan is(are):
The correct answer is A. Inventory and/or receivables. See the full explanation below for the reasoning.
Investment Management
Question
The type(s) of collateral generally used for a secured short-term loan is(are):
Options
- AInventory and/or receivables
- BCommon Stocks and bonds
- CReal estate
- DMachinery
How the community answered
(38 responses)- A79% (30)
- B3% (1)
- C13% (5)
- D5% (2)
Topics
#secured loans#collateral#short-term financing#receivables
Community Discussion
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