The importance of security in lending
1st Edition
Published on 13. July 2018
8 pages
978-3-668-74995-5 (ISBN)
Description
Seminar paper from the year 2015 in the subject Business economics - Investment and Finance, grade: 60.00, School of Oriental and African Studies, University of London (CEFIMS), course: Finanicial Law, language: English, abstract: Living in an uncertain economy with financial instability, makes it harder to bring about secure financial transactions. Indeed, the availability of information regarding the borrower to the lender has been seen as asymmetrical and led to some problems associated with credit risk. Hence the need for security for the lender. In this case, floating charge in particular is an English innovation in security that very well serves both borrower's and lender's objectives.
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Jennie Robinson
The importance of security in lending
Book
08/2018
1st Edition
GRIN Verlag
€17.95
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