Examlex
Healthy and successful relationships tend to be those where both members have a say in decision making.
Legal Documents
Official papers that indicate agreement to terms, rights, and responsibilities, enforceable by law.
Collateralized
Secured by an asset or property as a guarantee to repay a loan.
Amortized
The process of gradually reducing a debt through regular payments over time, which include both principal and interest components.
Borrower Defaults
Borrower defaults occur when a borrower fails to meet the legal obligations of a loan, such as not making scheduled payments.
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