Examlex
The specific heat capacity of liquid water is 4.18 J/g oC. Calculate the quantity of energy required to heat 10.4 g of water from 26.5oC to 83.7oC.
Sub-prime Loan
A loan offered to individuals with poor credit histories or higher risk of default than prime borrowers, often at a higher interest rate.
Prime Rate
The interest rate that commercial banks charge their most credit-worthy customers, often used as a benchmark for other rates.
Credit Worthiness
An assessment of a borrower's ability to repay a loan or debt based on their financial history and current status.
FICO Score
A credit score measuring a borrower's likely ability to repay a loan. A person’s FICO score will range between 300 and 850. A score of 700 or more indicates that the borrower’s credit standing is good. FICO is an acronym for the Fair Isaac Corporation, the creators of the FICO score.
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