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Truth in Lending Act
Truth in Lend·ing Act


noun 
Definition:
 
law requiring disclosures by lenders: a law that requires lenders to disclose in writing the annual percentage rate of interest on a loan and other particular terms
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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