Examlex
The major function(s) of performance appraisal include:
Down Payment
An initial payment made when something is bought on credit, representing a portion of the purchase price.
Purchase Price
The amount of money paid or to be paid by the buyer to acquire ownership of a product or property.
Mortgage
A loan specifically designed for the purchase of real estate, in which the property itself serves as collateral.
Co-signs
Acts of signing a loan or document jointly with another person, thereby agreeing to share the responsibility for the associated obligations.
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