Examlex
Which of the following account balances is included in M1+?
Credit Card
A plastic card issued by a financial institution that allows the holder to borrow funds to pay for goods and services.
Repayment
The act of paying back money that was borrowed from a lender.
Homestead Exemption
A law permitting a debtor to retain the family home, either in its entirety or up to a specified dollar amount, free from the claims of unsecured creditors or trustees in bankruptcy.
Debtor
An individual or entity that owes money or an obligation to another, called the creditor.
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