Term
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Definition
| the state of been behind in the discharge of an obligation or paid at the end of the period for which due the opposite of an advance |
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Term
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Definition
| as a verb to make an entry on the right or credit side of an account as a noun payment or value received |
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Term
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Definition
| as a verb to make an entry on the left or charge side of an account as a noun a charge or expense |
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Term
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Definition
| a method for amortizing a mortgage whereby the borrower pays the same amounts each month |
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Term
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Definition
| the party employing the services of a real estate broker or the amount of money borrowed in a mortgage loan excluding interest and other charges |
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Term
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Definition
| the amount one makes over and above one's costs |
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Term
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Definition
| to divide or excess proportionate shares of charges and credits between the buyer and seller according to their individual period of ownership |
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