Examlex
Choose the term that describes "involving a nonnumeric description of quality."
Conditional Sale Agreement
A contract in which the sale is contingent upon certain conditions, typically used in real estate and high-value purchases.
Cash Price
The amount of money required to purchase an item or service outright without financing.
Compounded Quarterly
Refers to the process of calculating interest on an investment or loan where the interest is added to the principal amount four times a year.
Interest
Money paid at a particular rate for the use of borrowed funds or for delaying the repayment of a debt.
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