SIGNATURE LOAN Definition

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SIGNATURE LOAN is a loan secured by the borrower with nothing more than the signature of that borrower.

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OPERATING RISK is the inherent or fundamental risk of a firm; without regard to financial risk. It is the risk that is created by operating leverage. Sometimes called business risk.

SLIDE ERROR is the incorrect placement of the decimal point, e.g. $2545.00 is recorded as $25.45.

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