Examlex
Explain the procedure for passing a zoning regulation.
Convex Set
In mathematics, a set where, for every pair of points within the set, every point on the line segment between them is also within the set.
Interest Rate
The cost of borrowing funds, typically expressed as a percentage of the total amount loaned, which accrues over time.
WARP
stands for Weak Axiom of Revealed Preference, a principle in consumer theory that states if a consumer prefers bundle A to bundle B when both are affordable, then the consumer will not choose B when A is affordable.
Lender
A person, organization, or entity that provides funds to others under the agreement that the funds will be repaid, typically with interest, over a specified period.
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