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
0
34
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
2
21
Consumer & Gadgets
Chatbots share limited information, reinforce ideologies, and, as a result, can lead to more polarized thinking when it comes to controversial issues, according to new Johns Hopkins University–led research.
May 13, 2024
0
49
Business
Troubled Japanese conglomerate Toshiba said Thursday it will "support" a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners.
Mar 23, 2023
0
7
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
0
45
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
0
8
Business
U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus.
Mar 16, 2020
0
0
Business
France warned Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments.
Sep 12, 2019
0
5
Energy & Green Tech
Investments in new technologies and infrastructure that help reduce greenhouse gas emissions—everything from electric vehicles to heat pumps—are growing rapidly in the United States. Now, a new database enables these ...
Sep 15, 2023
0
10
Consumer & Gadgets
Energy poverty denotes difficulties in meeting basic needs caused by the price of energy. Low-income residents of sparsely populated rural areas living in old houses have already been identified as one of the groups at risk ...
May 3, 2023
0
23
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
