Examlex
What characteristics of European civilization encouraged the Scientific Revolution and Enlightenment and what factors prevented these developments in China?
Claim
A demand for something as due, often referring to a right to payment or other benefits.
Interest Rate Collar
A financial derivative strategy used to hedge interest rate movements by setting upper and lower limits on interest payments.
Variable Rate Loan
A loan where the interest rate can change over time, based on an underlying benchmark or index.
Floor Rates
The minimum interest rate agreed upon in a financial contract, below which the rate cannot fall.
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