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Classical interactions are also known as
Prime Rate
The interest rate that commercial banks charge their most credit-worthy customers, often used as a reference point for various types of loans.
Rate Of Interest
The percentage at which interest is charged or paid over a specific period of time on borrowed or saved money.
Unsecured Loan
A loan that is issued and supported only by the borrower's creditworthiness, without any collateral.
Short-Term Loan
A type of loan that is scheduled to be repaid in less than a year.
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