Credit Tranche
Credit just refers to loans. Or the ability to take on loans in one flavor or another.
Loans get issued in "silos" if they all come from the same facility. Like...BigFatBank lends decibillions to tons of clients. Much of that money is in the same sizes and flavors, but tranche A comes due in 5 years, tranche B comes due in 9 years, and tranche C comes due in 20 years. Each has distinct metrics and covenants and terms.
See you in the tranches.
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Finance: What is the Equal Credit Opport...6 Views
Finance a la shmoop what is the Equal Credit Opportunity Act? alright people while the
federal government thinks everyone should have the equal opportunity to get [Men in Federal Government appear]
into debt isn't that sweet of them you know that Uncle Sam well he sure does
have a heart of gold this federal law makes it illegal to discriminate against
people who are applying for financing on pretty much anything legal based on
their age gender marital status religious affiliation ethnic or national
background or public assistance benefits your credit score however well that
still matters sorry just keeping it real
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