LOAN GRADING
\lˈə͡ʊn ɡɹˈe͡ɪdɪŋ], \lˈəʊn ɡɹˈeɪdɪŋ], \l_ˈəʊ_n ɡ_ɹ_ˈeɪ_d_ɪ_ŋ]\
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Banks' loan rate grading classification system on existing and requested loans based on the borrower's credit history, repayment risk of owed interest and principal, and the worth of any guaranties or collateral proposed. Also known as loan scoring.
By Henry Campbell Black
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.