Examlex
When a forensic analyst determines the chemical composition of preparations that may contain illicit drugs such as heroin, cocaine, or barbiturates, this is an example of:
Borrower
An individual or entity that receives funds from another party with the agreement to return the funds or pay them back later, usually with interest.
Forbearance
an agreement between a borrower and lender to temporarily postpone, reduce, or suspend payment due to financial hardship.
Workout Agreement
A formal contract between a debtor and his or her creditors in which the parties agree to negotiate a payment plan for the amount due on the loan instead of proceeding to foreclosure.
Mortgage Loan
A loan secured by the collateral of real estate property, where the borrower is obliged to pay back with a predetermined set of payments.
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