Examlex
The trait approach focused on all of the following EXCEPT:
Federal Reserve
The central banking system of the United States, responsible for setting monetary policy, regulating banks, and providing financial services to the government.
Non-Amortized Debt
A loan in which the principal amount borrowed does not decrease through regular payments over the term of the loan.
Principal
The original sum of money borrowed in a loan or the initial amount of investment, excluding any interest or growth.
Maturity
The date on which a financial obligation must be repaid in full.
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