Examlex
In a statement of cash flows,the term "cash" includes:
Interest
The charge for borrowing money, typically expressed as an annual percentage rate.
ARM
Adjustable Rate Mortgage; a type of mortgage loan where the interest rate varies throughout the loan period based on an index.
Equity
The amount of a home that an owner actually owns.
Loan Balance
The amount of money that remains to be paid on a loan, excluding interest or fees that may accumulate.
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