Examlex
What are the five C's of Credit?
Expected Income
An estimate of the amount of money an individual or entity anticipates earning over a specified period, often used for budgeting or planning purposes.
Tuition
The fee charged for instruction or teaching, typically by a school, college, or university.
Certain Income
A guaranteed or fixed amount of earnings that an individual or entity can expect to receive over a specific time period.
Uncertain Income
Income that is not guaranteed or fixed, often subject to fluctuations due to various factors such as employment status, market conditions, or performance.
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