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What was the initial function of the IMF?
Trust Fund
A legal entity that holds and manages assets on behalf of another, guided by the terms set forth in a trust agreement.
Monthly Payments
Regular payments made monthly towards loans, mortgages, or other long-term financial obligations.
Compounded Quarterly
This pertains to the calculation of interest on the principal amount and previously accumulated interest four times a year.
Finance Company
A business that specializes in providing loans to consumers and investing in securities.
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