Which One of the Following Terms Applies to the Process

question 24

Multiple Choice

Which one of the following terms applies to the process of reducing the mortgage principal over the life of the mortgage according to a schedule?

• A) mortgage amortization
• B) mortgage prepayment
• C) mortgage elimination
• D) mortgage securitization
• E) mortgage passthrough

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Definitions:

Metanephridia

The excretory organs of annelids and mollusks; each consists of a tubule open at both ends; at one end a ciliated funnel opens into the coelom, and the other end opens to the outside of the body.

Osmoregulation

The process by which living organisms regulate the concentration of water and solutes within their bodies to maintain homeostasis.

False Statement

A claim or assertion that is not in accordance with facts or truth.

Malpighian Tubules

Excretory structures that remove wastes from the hemolymph (blood) of insects and arachnids, playing a role in osmoregulation.