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How is modern legislation aimed specifically at labour rights an improvement over laws from the 1800s?
Equivalent Payments
Alternative payments that will result in the same future value at a later date.
Obligation
A duty or commitment to fulfil an act, usually as part of a contract or by law, such as the repayment of a loan.
Equal Payments
A series of identical payments made over a set period, commonly used in loans and installment purchases.
Overdrawn
A situation where an account has a negative balance due to the account holder spending more money than what is available in the account.
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