Examlex
The types of loans the Fed makes consist of each of the following, except: ?
Repaid
The act of paying back money that was borrowed from a person, bank, or financial institution.
Interest Rate
The ratio at which interest is applied to money loaned by a borrower from a lending party.
Compounded Semi-annually
A financial term indicating the interest on an investment is calculated and added to the principal balance twice every year, enhancing the total return over periods.
Obligation
A duty or commitment to pay money or perform some action.
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