Examlex
Which of the following channels would be most appropriate for an organization to use in providing its employees with information about benefits,salary,and work procedures?
Debtor
An individual or entity that owes money to another party.
Foreclosure Proceeding
A legal process by which a lender seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.
Redeem
To recover possession of something by paying a specified amount, or to fulfill a promise or obligation.
Default
Failure to fulfill an obligation, especially failure to meet a financial commitment or appear in a court of law.
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