Examlex
The term facultative refers to
Courts
are judicial institutions with the authority to settle disputes, interpret the law, and administer justice in civil, criminal, and administrative matters.
Usury Statutes
Laws that set maximum interest rates that can be charged on loans, to protect consumers from excessively high rates.
Maximum Rates
The highest interest rate or charge that can be applied to a loan or transaction, as regulated by law or policy.
Interest
The cost of using someone else's money or the return on investment capital, usually expressed as an annual percentage.
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