Across
- 3. use of a good or service instead of cash
- 5. a request for a portion of a loan
- 9. an unsecured loan certificate backed by general credit
- 10. debt repayment at a regular schedule
- 11. order of priorities of claims
- 14. loan agreements that don’t contain usual protections
- 15. the right to purchase equity
- 17. stretch riskier than a senior loan, in an accommodative way
- 18. condition in a bond or loan
- 19. a hybrid loan structure
Down
- 1. financing offered by a group
- 2. between bank loans and equity
- 4. something pledged as security for repayment
- 6. a form of security interest granted
- 7. a giant credit manager that recently agreed to be acquired
- 8. lending by unregulated institutions and/or under unregulated conditions
- 12. covering an interval between two transactions
- 13. a provider of funds
- 16. a variable line of credit allowing for drawdowns and repayments