Examlex
In the world's least developed countries, only 70 percent as many women as men are literate.
Unobservable Actions
Actions taken by individuals or entities that cannot be seen or measured directly, often relevant in contexts of performance evaluation or trust.
Moral Hazard
The situation where one party to a transaction can take risks without having to suffer consequences, often because another party bears the cost of those risks.
Mortgage Lender
A financial institution or individual that provides loans to borrowers for the purpose of purchasing real estate, with the property serving as collateral.
Careless Finances
The mismanagement or negligent handling of personal or corporate finances.
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