Redlining, a discriminatory mortgage lending practice instituted in the 1930s, resulted in health impacts that reverberate today, contributing to long-term environmental and asthma-related inequities that disproportionately ...
Jun 15, 2022
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Canada dropped Friday its longtime opposition to global restrictions on asbestos, dealing a blow to the country's dying mining industry of the fire-resistant substance.
Sep 15, 2012
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Nearly two-thirds of actively practicing physicians are still carrying medical school debt, according to the Medical School Debt Report 2019, published by the staffing firm Weatherby Healthcare.
Aug 13, 2019
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(HealthDay)—Creating a budget and other tips can help medical school graduates to manage their loan repayments, according to an article published by the American Medical Association (AMA).
Jul 4, 2014
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To keep his 40 employees indoors and away from China's virus outbreak, the manager of an electronics factory in Dongguan, near Hong Kong, says he hired a cook and arranged dormitories for them.
Mar 5, 2020
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The uncertainties and anxiety people feel today about the novel coronavirus are similar to the fears many Americans experienced during the yellow fever outbreak in 19th-century New Orleans, according to Stanford historian ...
Mar 25, 2020
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(HealthDay)—Medical residents should start budgeting and save for the future, according to an article published in the American Medical Association AMA Wire.
Oct 5, 2018
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UK doctors are unlikely to be able to repay their student loans over the course of their working lives, amassing debts of more than £80,000 by the time they graduate, in some cases, finds research published in the online ...
Apr 20, 2015
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Eastman Kodak will receive a federal loan of $765 million to help reduce reliance on other countries for ingredients in generic drugs, an agreement President Donald Trump hailed Tuesday as a breakthrough in bringing more ...
Jul 28, 2020
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Student loans aren't the only reason young adults end up in debt. One of the largest-ever studies of work-related risks in young adult cancer survivors finds that of 872 survivors, 14.4 percent borrowed more than $10,000 ...
Feb 25, 2019
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A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
This text uses material from Wikipedia, licensed under CC BY-SA
