Examlex
Fully functional change occurs when incremental improvements are made to a dominant technological design so that the improved version of the technology is fully backward compatible with the older version.
Interest
A fee paid on borrowed assets, usually calculated as a percentage of the principal.
Federal Direct Unsubsidized Loan
A federal student loan where the borrower is responsible for paying all the interest, regardless of the loan's status.
Interest Rate
The percentage of a sum of money charged for its use, often expressed annually.
Minimum Payment Warning Box
Information on a credit card statement that explains the consequences of only making minimum payments.
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