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What Term Describes a Decision That Has a Long-Term Impact

question 8

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What term describes a decision that has a long-term impact and is difficult to reverse?


Definitions:

Down Payment

An initial, upfront portion of the total amount due, often used in the context of purchasing a home.

Additional Money

Funds that are added to an investment or budget beyond the initial amount allocated or invested.

Lump Sum

A single payment made at a particular time, especially one involving a large amount of money, in contrast to multiple payments over time.

Additional Money

Funds that are added to a budget, account, or investment beyond the initial amount.

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