Examlex
What are the three different approaches for coverage that are available to the international marketer?
Subprime Mortgages
These are home loans granted to borrowers with lower credit ratings, implying higher risk for the lender and typically coming with higher interest rates.
Down Payments
A down payment is the initial, upfront portion of the total amount due, often associated with the purchase of expensive items like a home or a car, which is not financed through a loan.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Investment Banks
Financial institutions that provide services such as underwriting, mergers and acquisitions, and advisory services to corporations and governments.
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