The amount of funds the borrower receives from the lender with a simple loan is called the

Name: The amount of funds the borrower receives from the lender with a simple loan is called the
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The principal is the amount of money that the borrower receives from the lender as a loan, which is then repaid with interest. Equity refers to the ownership value of an asset, maturity refers to the date when a loan or investment becomes due, and collateral refers to an asset that is pledged as security for a loan.

The Amount of Funds the Borrower Receives from the Lender