Examlex
To rescind a contract for fraud,a plaintiff must prove an injury.
Extra Interest
Additional interest that may be charged due to various factors, such as late payments or changes in terms.
Late Payments
Payments made to a creditor after the due date has passed.
Compounded Semi-Annually
Interest calculation method where interest is added to the principal balance of an investment or loan twice a year, leading to interest on interest.
Amortized
The process of gradually paying off a debt over a period of time through regular payments.
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