IDENTIFICATION

Question 1

Financing Companies

Answer 1

are Corporations or Partnerships

Question 2

Credit

Answer 2

shall mean any loan or mortgage, deed of trust, advance or discount, any conditional sales contract.

Question 3

Investment Houses

Answer 3

Invariably termed as investment banks, are concerned chiefly with the transfer of capital

Question 4

Money Market

Answer 4

To enhance its fund resources, investment houses engage in money market operation.

Question 5

Commercial Banking

Answer 5

The establishment of the “Obras Pias” during this period of Spanish rule is not without significance.

Question 6

Commercial banking corporation

Answer 6

shall be any corporation which accepts or creates demand deposits subject to withdrawal by check.

Question 7

Total liabilities

Answer 7

Total liabilities of any person, company, corporation of fir, to a commercial banking corporation.

Question 8

Credit Line

Answer 8

Not infrequently, businessmen, in anticipation of need for funds in the future, may apply with their banks for a line of credit

Question 9

Loan Agreement

Answer 9

It is quite a common practice among big business concerns to enter into formal loan agreement with their banks

Question 10

Rural Banks (The term rural meaning open country)

Answer 10

just another name for agricultural bank