Examlex
Outline the possible advantages of being bilingual as opposed to monolingual.
Penalty
A sum inserted into a contract not as a measure of compensation for its breach but rather as punishment for a default. The agreement as to the amount will not be enforced, and recovery will be limited to actual damages.
Lien
A legal right or claim against a property by a creditor to secure the payment of a debt or obligation.
Borrower
An individual or organization that receives funds from another party under the condition of returning it over time with interest.
Debt
Money owed by one party to another under the agreement that it will be repaid.
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