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During the two years that Abigail has served as president of the Crescent Society, several of its members have suffered from insomnia. Thus, in the interests of better sleep for these people, the Society should elect a new president.
Payday Loans
Short-term, high-interest loans that are typically due on the borrower’s next payday.
Active Duty Personnel
Active duty personnel refers to military members who are currently serving on a full-time basis in their military capacity.
Usury Law
Legal regulations that set maximum interest rates which can be charged on loans, aimed at protecting consumers from exorbitant rates.
Shortage
The amount by which the quantity demanded of a product exceeds the quantity supplied at a particular (below-equilibrium) price.
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