Examlex
Discuss the reasons for the rapid increase of computer fraud.
Principal Repayment
The process of paying back the original amount of money borrowed, excluding interest, in a loan or bond.
Fixed-Rate Mortgage
A mortgage loan that has a fixed interest rate for the entire term of the loan, protecting borrowers from rising interest rates.
Principal Payments
Payments made on a loan that reduce the remaining balance of the principal amount borrowed.
Outstanding Balance
The outstanding balance is the amount of debt, or loan, that remains to be paid off.
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