Asset-Based Finance

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Definition: Asset-Based Finance

Asset-Based Finance
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Full Definition of Asset-Based Finance

A secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business. also called commercial finance or asset-based lending.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/asset-based-finance/
Modern Language Association (MLA):
Asset-Based Finance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/asset-based-finance/.
Chicago Manual of Style (CMS):
Asset-Based Finance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/asset-based-finance/ (accessed: April 23, 2024).
American Psychological Association (APA):
Asset-Based Finance. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/asset-based-finance/

Definition Sources

Definitions for Asset-Based Finance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.