Examlex
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National Environmental Policy Act
A United States environmental law that promotes the enhancement of the environment and established the President's Council on Environmental Quality.
Truth in Lending Act
A federal law designed to protect consumers in credit transactions by requiring clear disclosure of key terms of the lending arrangement and all costs.
Bait-and-Switch
A deceptive marketing strategy where a merchant lures customers with the promise of a product or service but then switches to selling a different, often inferior, item.
Annual Fee
A yearly charge by financial institutions for account maintenance or credit card usage.
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