Examlex
The symbol for an inductor shown with two parallel lines represents a(n) ____ inductor.
Principal
In finance, the original sum of money borrowed or invested, excluding any interest or dividends. In law, the primary party who authorizes another (the agent) to act on their behalf.
Installments
Payments divided over a period of time for a debt or purchase, rather than paying the total amount upfront.
Default
Failing to fulfill a legal obligation, such as not making a scheduled payment on a loan.
Negotiable Instrument
An official paper that promises the disbursement of a designated sum of money, which can be demanded at any time or paid at an agreed-upon moment, identifying the payer.
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