| 单词 | Truth in Lending Act, the |
| 释义 | Truth in Lending Act, theˌTruth in ˈLending Act, the (also ˌTruth in ˈLending Laws) social studies, economics a federal law that makes banks and other organizations follow certain rules when lending money. The law states that when someone asks for a loan (=money he or she wants to borrow), the bank must explain clearly how it will calculate the total cost of the loan, including the rate of interest that will have to be paid every year. |
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