Examlex
This helps to explain the distribution of settlements of varying sizes in North Dakota. Larger settlements are fewer and farther apart, whereas smaller settlements are more frequent and closer together.
Collateral
A borrower's asset that is given to a lender to secure the repayment of a loan.
Default
The failure to fulfill an obligation, especially failing to pay back a loan on time.
Surety
is a person or entity that takes responsibility for another's performance, such as fulfilling the terms of a contract or repaying a loan.
Default
Failure to fulfill a legal obligation or agreement, such as not making a payment on a loan by the due date.
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