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T. H. Donaldson
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T. H. Donaldson: J. P. Morgan

Chapter 11 in Credit Control in Boom and Recession, 1994, pp 146-158 from Palgrave Macmillan

Abstract: Abstract Documentation is critical for medium-term lending. Short-term facilities are mostly either on demand or for a specific period or purpose. Banks therefore need not spell out the rights and obligations of each party, or build in complex protection. If the bank does not like the way things are going, it can withdraw.

Keywords: Event Risk; Product Liability; Grace Period; National Bank; Market Practice (search for similar items in EconPapers)
Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-39024-9_11

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DOI: 10.1057/9780230390249_11

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