Examlex
Why do you think communication with children is so important?
Lender
An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, often with interest.
Utility Function
A mathematical representation that ranks an individual's preferences over a set of goods and services.
Interest Rate
The share of a loan subject to interest charges to the borrower, typically denoted as an annual percentage of the loan's outstanding sum.
Nominal Interest Rate
The stated interest rate on a loan or investment, not adjusted for inflation.
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