Truth In Lending Act at Math Glossary
What is it? Federal law that requires sellers to inform buyers, in writing, of (1) the finance charge and (2) the annual percentage rate. The law doesnt dictate what can be charged.Mathematical Term Added By: Julian
The Truth In Lending Act definition has been viewed 543 Time(s)!
Send To Friends!
If you'd like to send the Truth In Lending Act definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Truth In Lending Act. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Mathematics Terms:
Math Terms Dollar markdown is Original selling price less the reduction to price. Markdown may be stated as a percent of the original selling price. Example:Math Terms multiple is The integer b is a multiple of the integer a if there is an integer d such that b=da.
Math Terms Least is Smallest in quantity, size, or degree.
Math Terms Semi-quartile range is Computed as one half the difference between the 75th percentile (Q3) and the 25th percentile (Q1). The formula is (Q3Q1)??Since half of the values lie between Q3 and Q1, the semi-quartile range is one half the distance needed to cover one half of the values.
Math Terms Data is Gathered information.