Examlex
The heat required to change a substance from the solid to the liquid state is referred to as the
Purchase Price
The amount of money paid or agreed to be paid by the purchaser to the seller for acquiring goods, assets, or services.
Collateral
Property or assets that a borrower offers to a lender to secure a loan.
Guarantor
is an individual or entity that agrees to be responsible for another's debt or performance under a contract, if the original party fails to meet their obligations.
Principal Debtor
The main individual or entity obligated to repay a debt or loan in the terms of a financial agreement.
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