Object finance is: a) A transaction which isn't classified as specialized lending. b) A type of transaction

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Object finance is:
a) A transaction which isn't classified as specialized lending.
b) A type of transaction involving the purchase of large plants and machinery; repayment of this type of financing depends for the most part on the cash flows produced by the financed asset.
c) A type of transaction (essentially a short-term one) involving buying raw materials needed for a project's activity. The cash flows generated by the sale of these "commodities" are the source of loan repayment
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