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Most changes will not result in serious scope changes and should be absorbed as positive or negative variances.
Promissory Note
Commercial paper or instrument in which the maker promises to pay a specific sum of money to another person, to his order, or to bearer.
Cosign
To sign jointly with another or others, especially in agreeing to be responsible for a loan if the primary borrower defaults.
Minor
A person who is under the legal age of majority, and therefore has limited legal rights and responsibilities.
Secured Credit
A loan or credit extended where the borrower pledges an asset as collateral to guarantee repayment.
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