Examlex
Match the person or term with the with the correct description.
-Pequot tribe
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.
Non-Interest Bearing
refers to financial instruments or accounts that do not earn or involve the payment of interest, such as certain loans or bonds.
Notes Receivable
Financial assets representing amounts owed to the holder by others, typically arising from selling goods or services on credit.
Long-Term Credit Sales
Sales made on credit with repayment terms extending beyond the standard period, typically over a year or more.
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