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What does PDF stand for?
Usury Laws
Legislation that sets maximum interest rates that can be charged on loans.
Ceiling
A maximum limit imposed by a government or regulatory body, particularly regarding prices or wages.
Present Value
The modern-day valuation of a future monetary sum or stream of cash flows, factoring in a specific rate of return.
Interest Rate
The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.
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