Examlex
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Interest Rates
The percentage of a loan amount charged by lenders to borrowers for the use of assets, typically expressed annually.
Rate of Inflation
The percentage at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Savings and Loan Associations
Financial institutions that primarily engage in accepting savings deposits and making mortgage and other loans to individuals and businesses.
Bankrupt
A legal status of a person or entity that cannot repay debts to creditors and is thus subject to an intervention by the court.
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