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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RECEIVING is to get something or come into possession of something. In a company it can be a location where goods are received.

TANGIBLE normally refers to assets that can be held or seen and that are capable of being appraised at an actual or approximate value (e.g. inventory, land & buildings, etc.).

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