GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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20:02 Mar 18, 2012 |
Portuguese to English translations [PRO] Social Sciences - Economics / Finance | |||||||
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| Selected response from: Martin Riordan Brazil Local time: 00:59 | ||||||
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Summary of answers provided | ||||
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4 +6 | term |
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Discussion entries: 1 | |
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term Explanation: Term (of a loan) The term of a loan is the period or duration during which the creditor is committed to extending a loan. The term of the loan may be shorter than the amortization period of the loan. Reference: http://www.delphisfinancial.com/glossary.php?letr=T |
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