Examlex
A surrogate key is appropriate when the primary key of a table contains a lengthy text field.
Origination Fee
This fee is money paid to the lending institution for the paperwork involved in the loan application process.
Prepaid Interest
Interest payments made in advance of their due date, typically associated with the initial costs of obtaining a mortgage.
Recurring Cost
Expenses that occur at regular intervals, such as monthly rent or annual subscriptions.
Back-end Ratio
The back-end ratio measures a person's total debt payments as a percentage of their income, commonly used by lenders to assess borrowing capacity.
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