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BRMS Is Increasingly Used to Manage the Changes in Decision

question 15

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BRMS is increasingly used to manage the changes in decision logic in applications that support loan applications,underwriting,complex order processing,and complex scheduling.


Definitions:

Stamping Machine

A mechanical device used for imprinting designs, patterns, or information on various substrates through the application of pressure.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the Federal Reserve's discount window.

Loanable Funds

The market for borrowing and lending of capital, where savers supply funds to borrowers, usually at an interest rate.

Business Partnership

A legal form of business operation between two or more individuals who share management and profits.

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