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Also available:
World English Dictionary
Dictionnaire Français
asset-based lending
as·set-based lend·ing
or
as·set-based fi·nance
noun
Definition:
loans secured with business asset collateral:
lending in which a particular asset or group of assets provides collateral in the event of default
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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