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Program-Related Investment Broad, functional definition: A method of providing support to an organization, consistent with program goals involving the potential return of capital within an established time frame.
In the context of this study, program-related investments include loans, loan guarantees, equity investments, asset purchases or the conversion of asset(s) http://www personal loan com charitable use, linked deposits, and, in some cases, recoverable grants. Promissory Note Promise to pay.
Written contract between a borrower and a lender that is signed by the borrower and provides evidence of the borrower's indebtedness to the lender. Receivables Accounts receivable; an amount that is owed the business, usually by one of its customers as a result of the ordinary extension of credit, Recourse Refers to the right, in an agreement, to demand payment from the person who is taking on an obligation.
A full recourse loan refers to the right of the lender to take any assets of the borrower if repayment is not http://www personal loan com.
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