银行业务基础：CommercialLending商业贷款

Letter of Guarantee
A document issued by a bank, which acts as a guarantee of payment to a beneficiary for a specified¹ period and up to a specified amount.

Legal Entity
A person or a company, which is legally allowed to enter into a contract and can be sued if the contractual obligations are not met.

Balance Sheet
A summary of a company's financial condition at a given point in time. Contains information on assets, liabilities, net worth, etc.

Cash Flow Statement
A detailed² document showing all company income and expenses. Where income exceeds expenditure³, the company has a positive cash flow.

Credit Line
An arrangement in which a bank offers to provide a specified amount of credit to a borrower for a certain period of time