Examlex
In experimental design, attrition refers to ______.
Pre-approved
An initial approval indicating a customer may qualify for certain loans or credit cards, usually based on a preliminary credit information review.
Gross Annual Income
Gross Annual Income refers to the total amount of income earned in a year before any deductions are made, such as taxes and retirement contributions.
Down Payment
An initial payment made when something is bought on credit, often expressed as a percentage of the total purchase price.
Buy Down
A financing technique where points are paid upfront by a borrower to reduce the interest rate on a loan.
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