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flow of funds account (E1)<br />A component of a system of NATIONAL INCOME accounts showing financial transactions between the major sectors of the economy. The transactions analysed are purchases and sales, and transfers such as taxes and dividends. The sectors used are different types of business, non-profit organizations, central and local government, banks, savings institutions, insurance, other finance and the rest of the world.<br /><em>Reference</em><br />Bain, A.D. (1973) 'Flow of funds analysis: a survey', Economic Journal83: 1055-93. National Bureau of Economic Research (1962) The Flow of Funds Approach to Social Accounting: Appraisal, Analysis and Applications. Studies in Income and Wealth, Vol. 261, Princeton, NJ: Princeton University Press.
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<strong>Repayment schedule</strong> – The legal addendum to the promissory note stating the terms of repayment and fulfilling disclosure requirements. The repayment schedule includes the total principal and interest due, the regular installment amount due, and the number of installments required to pay the loan in full. It also includes the interest rate, the due date for the first payment, and the frequency of installments.
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