Financial matters

The supply and demand framework can also be used to analyze the impact of a government subsidy. A subsidy is a payment to either the buyer or seller of a good or service, usually on a per-unit basis. Subsidies are often granted in an effort to help buyers afford a good or service, or to [...]

The loan agreement provides a legal contract between the borrower and the bank. It spells out in detail the terms of the loan. This normally specifies the amount(s) to be drawn down, the interest rate that will be charged and sets out a schedule of the dates when interest payments and principal repayments are due. [...]