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What does DHCP stand for?
Loans
Financial arrangements where a lender provides funds to a borrower with the expectation that the borrower will repay the principal amount plus interest or fees over time.
Moral Hazard
a situation in which an individual or entity is more likely to take risks because they won't bear the full consequences of their actions, often due to asymmetric information or insurance.
Tuition
The fee charged for instruction or education, often by a college or university.
Moral Hazard
The situation where one party is likely to take risks because the negative consequences of the risk will fall on another party.
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