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.
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FROM DICTIONARY
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…
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