Examlex
Match each term with its definition.
-Examples of this include classes on CPR,sterile techniques,and using computer software
Rate of Interest
The percentage of principal charged by the lender for the use of its money.
Principal Amount
The initial size of a loan or an investment, excluding any interest or profit that has been added over time.
Fair Value
The price that would be received for selling an asset or paying off a liability, often the market price for an equity or debt security.
Interest-bearing Note
A debt instrument that requires the issuer to pay the lender interest over the life of the note, in addition to repaying the principal amount at maturity.
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