Examlex
Define the following
-"Salad bowl" metaphor
Creditor
An individual, institution, or entity that lends money or extends credit, expecting to be repaid.
Lien
A claim against specific property to satisfy a debt.
Mortgage Insurance
Insurance that compensates a lender for losses due to a borrower’s default on a mortgage loan.
Debtor
An individual or organization that owes money to another party, typically as a result of being lent a sum of money or extended credit.
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