Examlex
Describe recent developments in Canada's court systems made by various governments.
Debtor
A person or entity that owes money to another, typically as the result of a loan or other financial agreement.
Compounded Quarterly
The process by which interest is calculated and added to the principal sum of a loan or deposit four times a year.
Fifty-Fifty Sale
A promotional pricing strategy where items are offered for sale at a discount presumed to be 50% off their original price.
Conditional Sale Contracts
A conditional sale contract is a financing arrangement where the buyer gains possession and use of an asset, but title and ownership remain with the seller until the full purchase price is paid.
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