An edition of The uniqueness of short-term collateralization (2001)

The uniqueness of short-term collateralization

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The uniqueness of short-term collateralizatio ...
Leora Klapper
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Last edited by MARC Bot
December 7, 2020 | History
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An edition of The uniqueness of short-term collateralization (2001)

The uniqueness of short-term collateralization

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A secured letter-of-credit loan allows a lender to make larger loans than would be permissible on an unsecured basis, maximizing a risky borrower's investment capital. Empirical evidence shows that secured letters of credit are used by borrowers who are informationally opaque and have higher observable risk. Such borrowers also have fewer growth opportunities and are less likely to pay dividends.

Publish Date
Publisher
World Bank, Development Research Group, Finance
Language
English

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Subjects
Commercial loans, Econometric models, Lines of credit, Security (Law)

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Edition Availability
Cover of: The uniqueness of short-term collateralization
The uniqueness of short-term collateralization
2001, World Bank, Development Research Group, Finance
Electronic resource in English
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Book Details

Edition Notes

Includes bibliographical references (p. 32-33).
Title from title screen as viewed on Sept. 18, 2002.
"February 2001"--Cover.
Also available in print.
Mode of access: World Wide Web.

Published in
Washington, D.C
Series
Policy research working paper ;, 2544, Policy research working papers (Online) ;, 2544.
Other Titles
Uniqueness of short term collateralization

Classifications

Library of Congress
HG3881.5.W57

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3669255M
LCCN
2002616084

Source records

Library of Congress MARC record

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History

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December 7, 2020 Edited by MARC Bot import existing book
December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page