asset conversion loan
Definition
Asset based loan repaid primarily through the conversion of the collateralized asset (such as inventory or receivables) into cash.
email to a friend
print this definition
cite this definition
link to this page
asset conversion loan is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/asset-conversion-loan.html