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Home > Terms > Armenian (HY) > վարկ
վարկ
An amount, usually of money, conveyed by one to another in the expectation that it will be returned, perhaps with specified interest, at a later date. When the lender and borrower are in different countries with separate monetary and legal systems, loans bear extra risk.
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- Ordklass: noun
- Synonymer:
- Blossary:
- Bransch/domän: Economy
- Category: International economics
- Company: University of Michigan
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