FINANCE CHARGE

finance charge.An additional payment, usu. in the form of interest, paid by a retail buyer for the privilege of purchasing goods or services in installments. • This phrase is increasingly used as a euphemism for interest. See INTEREST(3). [Cases: Consumer Credit 52; Usury 53. C.J.S. Interest and Usury; Consumer Credit §§ 162, 165–168, 328.][Blacks Law…

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FINANCE

finance,n.1. That aspect of business concerned with the management of money, credit, banking, and investments <after a brief career in finance, Andrea decided to go to law school>.2. The science or study of the management of money, etc. <Bill sought a degree in finance because he wanted to be an investment banker>. finance,vb. To raise…

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FINAL RECEIVER’S RECEIPT

final receiver’s receipt.The government’s acknowledgment that it has received full payment from a person for public land, that it holds the legal title in trust for the person, and that it will in due course issue the person a land patent. [Cases: Public Lands 110. C.J.S. Public Lands §§ 134–136.][Blacks Law 8th]

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