Examlex
When a lender refuses to make a loan,although borrowers are willing to pay the stated interest rate or even a higher rate,the bank is said to engage in
Earned Income Tax Credit
A refundable tax credit for low- to moderate-income working individuals and families, aimed at reducing poverty and encouraging work.
Working Poor
Individuals who are employed but still live below the poverty line due to low wages and inadequate employment benefits.
Minimum-wage Laws
Legislation that sets the lowest hourly rate of pay that an employer can legally pay their workers, intended to protect workers from unduly low pay.
Working Poor
Individuals who have employment but whose earnings are not sufficient to meet the poverty line or standard living costs.
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