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What else can I help you with?
What is a promise to repay money lent by a specific date with interest?
A bond. Or Money Bond
Can a company that is not a finance company charge interest and finance charges to someone it has lent money?
Yes.
Why is your relative denying possession of a personal property you lent him?
Because either you are mistaken or he is a thief. Figure out which one it is and come back with another question.
What is noun clauses containing relative clause?
A noun clause containing a relative clause is a type of sentence structure where a relative clause, which provides additional information about a noun, functions as the subject or object of the sentence. For example, "The book that you lent me is excellent" has a noun clause "that you lent me" containing the relative clause "that you lent me."
Why did the Prohibition of Riba occur?
Riba, which is also called interest, is prohibited due to the muslim belief system. They believe that the interest people charge on lent money is unjust and should be abhorred.
Why interest is paid?
Interest is paid as a cost of borrowing money, compensating lenders for the risk they take and the opportunity cost of not using that money elsewhere. It serves as an incentive for lenders to provide funds, facilitating transactions and investments. Additionally, interest helps to account for inflation, ensuring that the purchasing power of the money lent is preserved over time.
Another word for lent?
Lent might mean as sacrifice, but there is no other word or an alternative for Lent.
Want do the word usury means?
I believe usury means taking interest on money that is lent to someone. In the Islamic faith, this is not allowed, for many reasons and the profit from interest is money obtained by evil means. If you lend someone money you should only take back from that person what he borrowed and no more.
Why cant all depositors in a bank withdraw all of their money at once?
Such a thing is known as a run on the bank. When account holders pay in money, that money is not just simply put into the bank's safe, and is always there to be instantly taken out again. The money is lent out, and is expected to increase in value due to interest paid in by the borrower. Though, while on paper, the money is there, in fact it has been lent on to someone else.
What do you do if you lent your employer money and you were laid off?
If you lent your employer money and were laid off, you ask your employer for your money back! If you do not get it back you sue him in a court of law.
What is the original amount of money that was borrowed or a loan?
The original amount of money borrowed in a loan is referred to as the "principal." This is the initial sum lent to the borrower, excluding any interest or fees that may accrue over time. The principal is the base amount on which interest is calculated throughout the duration of the loan.
Are bondholders considered creditors in a company's financial structure?
Yes, bondholders are considered creditors in a company's financial structure because they have lent money to the company and expect to be repaid with interest.
