Examlex
Recognizing the role it plays in political campaigns, which of the following sites provides tips for the use of social networking as a campaign tool?
Down Payment
An initial payment made when something is bought on credit, often expressed as a percentage of the total purchase price.
Buy Down
A financing technique where points are paid upfront by a borrower to reduce the interest rate on a loan.
Point Purchased
In finance, particularly in mortgage contexts, this refers to prepaid interest that the borrower opts to pay upfront in order to lower the interest rate on the loan.
Monthly Mortgage
A regularly scheduled payment that often includes both interest and principal, made by a borrower to a lender for the repayment of a home loan.
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