Loan

 

Meaning of the word: Loan

The loan is the commitment that arises between lender and borrower on the basis of the conclusion of the loan agreement. The lender will lend the money to the debtor, the debtor redeems later in regular installments. The loan is a win-win, the borrower gets the funds immediately and the lender earns interest that is added to the regular payments.

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FROM DICTIONARY

Tariff

Tariff is the price list of the bank services. Each bank institution have own tariff. This is a list of prices for the establishment, management and…

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