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Lorna's research shows a steady decline in religious participation in her small community in Texas and, thus, a decline in the social and political power of religious institutions there. Sociologists refer to this process as:
Clean-Up Requirement
A term often used in banking, referring to a requirement that a borrower must pay down a line of credit to zero or to a specific level at least once within a certain period.
Loan Payoff Requirement
The terms or conditions under which a borrower is obliged to repay the principal and interest on a loan.
Debt Free Period
A timeframe during which an individual or organization has fully paid off all outstanding debts, owing no money to creditors.
Warehouse Receipts
Documents that provide proof of ownership of commodities (like grain, metals, etc.) stored in a warehouse.
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