Examlex
The Obama administration brought about a major expansion of federal health care policy when it passed the
Gay Marriage
The legal or socially recognized marriage between two individuals of the same sex, also known as same-sex marriage.
Subprime Mortgages
These are home loans granted to borrowers with lower credit ratings, implying higher risk for the lender and typically coming with higher interest rates.
Down Payments
A down payment is the initial, upfront portion of the total amount due, often associated with the purchase of expensive items like a home or a car, which is not financed through a loan.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
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