borrowing

Definitions

Interest Rate – Explained + Examples

An interest rate is essentially the cost you pay to borrow money from a lender. It’s a percentage of the

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Definitions

Economic Indicators – Explained + Examples

An economic indicator is a metric or data point that provides important information about the health of an economy. Economic

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Definitions

Debt – Explained

Debt is the term used when someone owes money to another person or entity. This can be individuals, businesses, or

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