Examlex
Choose the word or phrase in [ ] which will correctly complete the statement.Select "a" for the first item,"b" for the second item,and "c" if neither item will correctly complete the statement.
-The choice of the index used with an adjustable-rate mortgages will make [much | little] difference in the volatility of your payment changes.
Payee
The individual or entity to whom a payment is to be made or has been made.
Nonassignable
Refers to a contract or rights within a contract that cannot be transferred or delegated to another party.
Commercial Paper
An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Negotiable
Able to be bargained or exchanged with flexibility, often used in the context of financial instruments or agreements.
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