Meaning of the word: Value
Value specifies the client's ability to repay his obligations. Value is an important tool for all financial institutions. It specifies the amount of the loan, which it is possible to provide to the applicant, but also amount of interest and maturity. Clients with higher value may obtain better loans.back to dictionary >
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Interest period indicates the time interval in which are attributed to interest on the capital. It can be annual, monthly, but also weekly. The…go to the dictionary >
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