Examlex
______________ is a process of social selection in which class advantage and social status are linked to the possession of academic qualifications.
Compounded Semi-annually
Interest calculation method where interest is added to the principal sum of a deposit or loan every six months, leading to interest on interest.
Private Loan
A loan sourced from a private entity or individual, as opposed to a government or public lender.
Accrued Interest
Interest that has been incurred but not yet paid, typically relating to bonds or loans.
Pay Off
To completely settle a debt or an obligation.
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