define explain eA B C D E F G H I J K L M N O P Q R S T U V W X Y Z E Early termination charges – Fees levied for repaying a loan before its specified conclusion. Encumbrance – Outstanding liability on a property. Equipment loan – see Chattel mortgage. Equity – The current market value of an asset minus any outstanding debt or claim against it. Exit fees – see Break costs Expenses – Day-to-day outgoings, such as food, housing and entertainment. |
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