Examlex
Describe the millennial customer.How has technology influenced these customers?
Borrowed
Refers to money or goods taken on loan with the obligation to return it or pay it back, usually with interest, within a specified period.
Amount Owed
The total sum of money that is due or required to be paid to another party.
Interest Rate
The fraction of a monetary sum levied for the privilege of utilizing it, often indicated as a percentage per annum.
Term Deposits
A type of bank deposit that is held at a financial institution for a fixed term or period, where the money can be withdrawn only after the term ends or by giving a predetermined notice.
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