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Syndicated Loan.

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A syndicated loan is a loan that is provided by a group of lenders, known as a syndicate. Syndicated loans are typically used by large corporations to finance major projects such as acquisitions, expansions, or restructurings. The syndicate of lenders provides the borrower with a single loan facility that is then divided into portions, with … Read more

What Is an Agent?

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Definition, Types of Agents, and Examples. What is an agent? An agent is a person who is authorized to act on behalf of another person or organization. There are different types of agents, including real estate agents, insurance agents, and literary agents. Examples of agents include brokers, salespeople, and representatives. Who is an agent in … Read more