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What is an important similarity between the uniform and normal probability distributions?
Secured Party's Interest
The financial interest a creditor has in the collateral provided by a debtor to secure a loan or line of credit.
Debtor
An individual or organization that owes money to another entity, typically as a result of a loan or credit.
Collateral
Property or assets that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
Proceeds
Money or other benefits received from a sale, insurance policy, or other transactions.
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