Debtmerica Debtpedia

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Term Definition
Borrower

To obtain or receive (something) on loan with the promise or understanding of returning it or its equivalent.

Budget

An itemized forecast of an individual's or company's income and expenses expected for some period in the future. With a budget, an individual is able to carefully look at how much money they are taking in during a given period, and figure out the best way to divide it among a variety of categories.

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