LENDER - a person or institution who invests the money or makes the funds available ., BORROWER - a person or institution who owes the money or avails of the pants from the lender, LOAN DATE - date on which money is received by the borrower., MATURITY DATE - a date on which the money borrowed or loan is to be completely repaid., TERM - amount of time in years the money is borrowed or invested length of the time between the origin and the maturity date, PRINCIPAL - amount of money borrowed or invested on the origin date., RATE - percentage of a loan or principal amount that is charged by a lender for the use of their money or the return paid to a lender for depositing money., INTEREST - amount paid or earned for the use of money., SIMPLE INTEREST - interest that is computed and the principle and then added to it. , COMPOUND INTEREST - interest is computed on the principal and also in the accumulated pass interest., MATURITY VALUE - amount after t years that the lender received from the borrower on the maturity date.,

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