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A bond. Or Money Bond

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15y ago
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Q: What is a promise to repay money lent by a specific date with interest?
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What is a written promise to repay?

A written promise to repay is called a promissory note. It is a legal document where one party (the borrower) agrees to repay a specific amount of money to another party (the lender) according to agreed-upon terms and conditions.


Receiving money to buy goods and services with the promise to repay in the future?

Credit


What is a written promise issued by a corporation to repay borrowed money at a later date?

It is called a proxy


Is the amount charged for use of bank's money is called interest?

Yes. The amount a bank charges you for using their money is called an interest. This facility wherein you get to use the banks money and repay them is called a Loan. The bank grants you a fixed amount as loan and you repay them every month along with an interest.


What is a formal contract to repay borrowed money with interest at fixed intervals?

it is A for e2020 students!


Do I have to repay this Grant Money for Home Repair?

No you do not have to repay this GRANT Money for HOME REPAIRS? You only have to submit what your repairs are and if they meet the specific needs to qualify for the GRANT.


What is a paper note that promise to repay money in a certain length of time?

Bond -yee i did it myself lol-


A paper notes promising to repay money after a certain length of time with interest are called?

tarrifs


Put the word repay in a sentence?

'If you loan me this money, I swear I'll repay you, with interest!' he begged desperatelyYou saved my life! How can I ever repay you?You committed a crime Mr. Johnson, now you must repay your debt to society. I sentence you to 12 months imprisonment.


In order to distribute money does the government sell money to the banks?

No, the Government does not sell money to the banks. Instead they loan it to them at very low interest rates. The banks borrow money from the central bank a.k.a the government to use for their operations and repay the money along with the interest to them.


Which of these is a lien on the property that secures the promise to repay a loan?

mortgage


What is a lien on a property that secures the promise to repay the loan?

Mortgage