📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Repayment of loans in a series of installment is called

    A Liquidity Correct Answer Incorrect Answer
    B Amortization Correct Answer Incorrect Answer
    C Hypothecation Correct Answer Incorrect Answer
    D Leverage Correct Answer Incorrect Answer

    Solution

    Process of loan repayment by installment payment is classified as amortizingaloan.

    Practice Next
    ask-question