granting of a loan for the procurement of objects – such as: Ship, aircraft – where the settlement of the receivable depends on the cash flow from the object financed and pledged or assigned to the lender. – See project financing, ship financing.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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