Examlex
Each cost pool in an ABC system has at least one cost driver.
Loan Interest
The additional amount paid by a borrower to a lender in exchange for the use of borrowed money, often expressed as an annual percentage rate.
Loan
A form of financial agreement in which a lender provides funds to a borrower with the expectation of being repaid, usually with interest, over a specified period.
Risk Involved
The potential for losing something of value or the possibility of a negative outcome in a given decision or action.
Loan Interest
The cost paid by the borrower to the lender for the use of borrowed money, typically expressed as an annual percentage of the loan amount.
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