Computer Sciences
When artificial intelligence models pore over hundreds of gigabytes of training data to learn the nuances of language, they also imbibe the biases woven into the texts.
Jan 15, 2024
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34
Business
Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, the company's chief ...
May 27, 2020
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5
Computer Sciences
By law, credit and loan decisions cannot discriminate on the basis of race or lead to outcomes that differ substantially by race. But to ensure that they don't discriminate, banks and other lenders aren't allowed to ask about ...
Jan 30, 2019
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21
Business
Since going public in 2013, Twitter has only occasionally turned a profit, even if it has a commanding role in politics and culture worldwide.
Apr 26, 2022
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5
Business
Airline passenger revenues are set to plunge by 55 percent, or $314 billion, in 2020 due to the coronavirus pandemic, the International Air Transport Association said Tuesday.
Apr 14, 2020
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8
Internet
If you are a regular online shopper, you probably scoured Cyber Monday deals with eagle eyes. But did you also carefully go through the privacy policies you were consenting to before clicking "I Agree" on those business-to-consumer ...
Dec 7, 2022
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45
Business
Norway's government said Friday it will give low-cost carrier Norwegian Air Shuttle a 1.5 billion kroner ($173 million) loan as long as the ailing company manages to raise at least 4.5 billion kroner ($520 million) from other ...
Jan 29, 2021
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4
Business
Fighting for survival, low-cost Norwegian Air Shuttle filed for bankruptcy protection in Ireland on Wednesday for two of its main subsidiaries in a bid to shield itself from creditors long enough to find a solution for a ...
Nov 18, 2020
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7
Business
The Dutch government on Friday approved a 3.4-billion-euro ($3.8-billion) bailout to prop up KLM through the coronavirus pandemic.
Jun 26, 2020
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8
Business
The world's top semiconductor makers have announced in recent months long-term U.S. investments that could rise to more than $400 billion, citing support from a new federal aid program for which the rules have yet to be written.
Oct 26, 2022
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22
A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower.
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time. Typically, the money is paid back in regular installments, or partial repayments; in an annuity, each installment is the same amount.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
Acting as a provider of loans is one of the principal tasks for financial institutions. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
This text uses material from Wikipedia, licensed under CC BY-SA
