Examlex
Divide the fractions and write the result in simplest form.
Amortized
The process of gradually paying off a debt over a period of time through regular payments.
Mortgage Loan
A loan secured by real property through the use of a mortgage note.
Loan Up-To-Date
A loan status indicating that all payments are current and no installment is overdue.
Scheduled Date
A pre-arranged date on which an event is planned to occur, such as a payment or meeting.
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