Examlex
The first company to manufacture and sell a new product or service is referred to as a pioneer.
Amortized Loan
A loan with scheduled periodic payments that consist of both principal and interest, typically paid monthly, until the loan is fully repaid at the end of its term.
Principle
Principle refers to the original sum of money borrowed in a loan or the initial amount of investment before earnings or losses.
Interest Amount
the sum paid or charged for the use of money or for borrowing money.
Periodic Interest Rate
The interest rate charged or earned over a particular period of time, often expressed as a percentage.
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