certified management consultant board certification certificate designation charter business consultant  
<< Previous    1...   236  237  [238]  239  240  ...248    Next >>

LEGAL RATE OF INTEREST 
The maximum rate of interest fixed by the laws of the various states which a lender may charge a borrower for the use of money. 

 

 

 

LENDING INSTITUTION 
Any institution, including a commercial bank, savings and loan association, commercial finance company, or other lender qualified to participate with SBA in the making of loans. 

 

LEVERAGED BUY-OUT 
The purchase of a business with financing provided largely by borrowed money, often in the form of junk bonds. 

 

LIEN 
A charge upon or security interest in real or personal property maintained to ensure the satisfaction of a debt or duty ordinarily arising by operation of law. 

 

LIQUIDATION  
The disposal, at maximum prices, of the collateral securing a loan and the voluntary and enforced collection of the remaining loan balance from the obligators and/or guarantors. 

 

LIQUIDATION VALUE 
The net value realizable in the sale (ordinarily a forced sale) of a business or a particular asset. 

 

LITIGATION  
Refers to a loan in "liquidation status" which has been referred to attorneys for legal action.
Also: The practice of taking legal action through the judicial process. 

 

<< Previous    1...   236  237  [238]  239  240  ...248    Next >>
 Join our Linkedin Global Group Linkedin Certified Management Consultant
 
Member Login Section
Username:
Password:

Login Forgot Password

 
● Home
● About
● Certification
● Recognition
● Requirements
● Board
● Membership
● Mission
● Benefits
● Accredited Education
● News
● Degrees
● Contact
● Application

Motto and Mission

"We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn."

-- Dr. Peter Drucker,  Austrian-born American management consultant, educator

 Master Certified Management Consultant Credential Designation Business Analyst Chartered