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For any product or service, therefore, "asymmetric information" (one party to a transaction knowing more than another) can result in "missing markets," or the absence of a marketable transaction.
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Hence, formal lenders, namely banks and cooperatives, may ration credit, request additional documents from and frequent visits by the borrower (leading to higher borrower-side transaction costs), demand marketable collateral, and favor production credit over consumption loan.
The Banking segment encompasses deposits and loans; domestic and foreign exchange transactions; securities investments; trading of marketable securities; and underwriting and registration of corporate bonds.
Now, of course I realize that all pop artists create out of themselves a marketable image, to lend to an otherwise anonymous transaction a feeling of intimacy.
To access this loan facility, household type B has to bear an ex ante transaction cost of INR 500, and because of its poor profit potential, the household must arrange marketable collateral to receive the loan from the formal sector.
"It will be marketable.
But I have marketable skills.
Susan had no marketable skills.
Others aren't as marketable.
"We're a marketable brand.
Transaction complete.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com