Examlex
Most systems are implemented with direct conversion because it is the cheapest.
Equity Of Redemption
The equitable right of a mortgagor to acquire the title to the mortgaged property by payment of the debt secured by the mortgage.
Arrears
A state of being behind in fulfilling obligations, such as payments on a loan, rent, or utilities.
Purchaser
An individual or entity that buys goods or services from a seller.
Payments
The act of giving money in exchange for goods, services, or to fulfil a legal obligation.
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