Interest period

 

Meaning of the word: Interest period

Interest period indicates the time interval in which are attributed to interest on the capital. It can be annual, monthly, but also weekly. The credits have a different maturity, when a customer repays in addition also loaned money grew the interest, or the fee for the service. 

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General conditions of insurance

General conditions of insurance define the contract between the policyholder and the insurer. This is a legal framework that provides all the…

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