Examlex
The system of human communication based on a set of symbols and signs with learned and shared meanings is called
Installment Note Payable
A debt or obligation that is paid back in regular installments over a specified period, including both principal and interest payments.
Accrued Interest
Interest that has been earned but not yet paid, representing the amount owed to a lender for the use of borrowed funds or owed by a borrower.
Principal
The original sum of money borrowed in a loan, or the initial amount invested, excluding any interest or dividends.
Payment
The act of transferring money, or its equivalent, from a buyer to a seller as compensation for goods or services.
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