An ________ Is an Obligation Requiring a Series of Payments

question 160

Short Answer

An ________ is an obligation requiring a series of payments to the lender.

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Definitions:

Bank Loan

A sum of money borrowed from a bank that must be repaid with interest over a predetermined period.

Foul Ball

In baseball, a ball hit outside the field of play boundaries, not counting as a strike unless there are less than two strikes.

Baseball Game

A competitive sport involving two teams, where players take turns batting and fielding, aiming to score runs by hitting a ball and running bases.

Prank

A mischievous act intended for amusement, often at the expense of others.