Examlex
The T-score is used to assess:
Default
The failure to promptly pay interest or principal when due, which can occur in regard to debts like loans or securities.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan.
Exchange Rate
The equivalent value of one currency in another currency.
Open-Economy Macroeconomic Model
A model that analyzes an economy that is engaged in international trade, focusing on the interactions with the rest of the world.
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