Match Each Item to the Phrase or Sentence Listed Below

question 71

Short Answer

Match each item to the phrase or sentence listed below.
a. Postcustody supervision in the community
b. Without any further correctional supervision
c. Also known as "maxing out"
d. Furlough is one example
e. Occurs after an individual has served the complete sentence
f. The person in prison promises to abide by certain conditions in exchange for being released
g. Stipulated by parole guidelines based on convicted individual's actions
h. An early form of conditional pardon
i. The government extends the privilege of release
j. Conditional release
-Grace or privilege

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Definitions:

Compounded Annually

The practice of calculating and adding interest to the initial amount of money once every year, increasing the future accruals of interest.

Amortized

Amortized refers to gradually reducing the principle amount owed on a debt over time through a fixed repayment schedule.

Compounded Monthly

Interest on an investment or loan calculated each month and added to the principal, affecting the amount of future interest.

Refinanced

The action of replacing an existing debt with a new one, often with more favorable terms or a lower interest rate.