Examlex
A mortgage loan is an example of an amortizing loan."Amortizing" means that part of the monthly payment is used to pay interest on the loan and part is used to reduce the amount of the loan.
Euro
The official currency of 19 out of 27 European Union countries, which forms the Eurozone and is one of the largest currencies in the world by value.
European Union Nations
Countries that are members of the European Union, a political and economic union aimed at promoting integration and common policies among member states.
Euro
The official currency of 19 out of the 27 European Union countries, known collectively as the Eurozone.
Net Exports
The value of a country's total exports minus its total imports; it can be a positive number (trade surplus) or a negative number (trade deficit).
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