Examlex
What are the four ethical norms and the issues that they deal with?
Variable Rate Loan
A loan where the interest rate can change over time, based on an underlying benchmark or index.
Floor Rates
The minimum interest rate agreed upon in a financial contract, below which the rate cannot fall.
Put Option
Financial contract that gives the holder the right to sell an asset at a specific price within a specified period.
Obligation
A duty or commitment that one is bound to by law, promise, or moral responsibility.
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