Definition

Risk Financing

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Risk Financing is a process which determines how to compensate for a loss in a most cost-effective manner and is generally concerned with injecting money to cover the impact of unexpected losses, which could be a result of an abrupt change in the business cycle.

Term of the day

Loan Servicing

Loan servicing is the process by which a company such as a mortgage bank or any servicing firm collects principal, interest, as well as escrow payments from a b......
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