Most Software Programs Have What Is Called A(n) ____________________ File

question 24

Short Answer

Most software programs have what is called a(n) ____________________ file format that is used to store files.

---

Definitions:

Default

The failure to meet the legal obligations or conditions of a loan, typically when a debtor cannot make a required payment.

Interest Rate

The percentage at which interest is charged or paid on a loan or investment over a specific period.

Loan Covenant Restrictions

Conditions imposed by lenders that restrict certain actions of the borrower, intended to protect the lender's interests.

Debt Covenants

Provisions imposed by lenders in a loan agreement that require the borrower to meet certain conditions or restrict certain actions, often used to protect the lender's interests.