Examlex
When products are differentiated by being associated with positive qualities in the minds of customers, they are considered ___.
Mortgage Loans
Loans secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty.
Installment Loans
Loans that are repaid over time with a set number of scheduled payments, commonly used for items like cars and large appliances.
Financial Intermediary
An institution that acts as a middleman between savers and borrowers, facilitating the flow of funds in the economy, such as banks or credit unions.
Insurance Companies
Entities that provide financial protection and reimbursement of damages to individuals and businesses in exchange for premiums.
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