Examlex
When an FI sells the loan of an individual corporation in the secondary market, the corporation's stock often decreases in value.
Loan Terms
Loan terms are the specific conditions and details agreed upon by the lender and borrower, including interest rate, repayment schedule, and duration of the loan.
Amortized Loan
A loan with scheduled periodic payments that cover both principal and interest over the loan's term until it is paid off at maturity.
Monthly Mortgage Payment
The amount paid by a borrower to a lender each month, which includes principal and interest on a mortgage loan.
Borrowed
Borrowed refers to funds or items taken on loan from another party, which are expected to be returned or paid back under agreed-upon conditions.
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