Motor Vehicle Loan
From Open Risk Manual
Revision as of 15:36, 22 March 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Motor Vehicle Loan''' refers to loans and lines of credit for specific (corporate or consumer) purposes (i.e., with known use of proceeds) to businesses an...")
Definition
Motor Vehicle Loan refers to loans and lines of credit for specific (corporate or consumer) purposes (i.e., with known use of proceeds) to businesses and consumers that are used to finance one or several motor vehicles