Examlex
No deduction is allowed for a partially worthless nonbusiness debt.
Principle
Principle refers to the original sum of money borrowed in a loan or the initial amount of investment before earnings or losses.
Interest Amount
the sum paid or charged for the use of money or for borrowing money.
Periodic Interest Rate
The interest rate charged or earned over a particular period of time, often expressed as a percentage.
Annual Percentage
Often referred to in context of the annual percentage rate (APR), it represents the annual rate charged for borrowing or earned through an investment.
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