Examlex
The output devices of a computer system include:
Mortgage Loan
A mortgage is a loan that is secured by tangible real estate property, evidenced through a mortgage note that demonstrates both the loan's existence and the property's lien.
Penalty
A sum inserted into a contract not as a measure of compensation for its breach but rather as punishment for a default. The agreement as to the amount will not be enforced, and recovery will be limited to actual damages.
Lien
A legal right or claim against a property by a creditor to secure the payment of a debt or obligation.
Borrower
An individual or organization that receives funds from another party under the condition of returning it over time with interest.
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