Examlex
To compute the holding period, start counting on the day the property was acquired and include the day of disposition.
Student Loans
Money borrowed to pay for education expenses, which must be repaid with interest.
Principal
The initial sum of money borrowed in a loan or put into an investment, exclusive of any interest or dividends.
Student Loans
Loans offered to students to help cover post-secondary education expenses, which typically have favorable interest rates compared to other types of loans.
Annual Simple Interest Rate
The percentage of interest, calculated on a yearly basis, that does not account for compounding within that year.
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