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Consumer Credit Contract
A legal agreement between a borrower and a lender in which the borrower receives something of value now and agrees to repay the lender at a future date, usually with interest, under specified conditions.
Rights
Entitlements or privileges legally guaranteed to individuals or entities, underpinning their ability to perform or refrain from certain actions.
Negotiable Instrument
A signed document that promises payment to a specified person or assignee.
Unconditional Promise
A firm commitment or pledge not subject to any conditions or contingencies.
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