Examlex
________ is an effort by businesses to address serious deficiencies in basic skills among new employees.
Borrower
An individual, organization or company that receives funds from a lender under the condition of returning the borrowed amount plus interest.
Security
An instrument commonly dealt with in the securities markets or commonly recognized as a medium of investment and evidencing an obligation of an issuer or a share, participation, or other interest in an enterprise.
Right of Redemption
A legal right that allows a borrower to reclaim their property by paying off the full debt after a foreclosure sale.
Repayment
The act of paying back money that was borrowed.
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