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VARIABLE
INTEREST RATE:
An interest rate that fluctuates with the current cost of
money; subject to adjustment if the prevailing rate moves
up or down.
VENDEE:
See Agreement of Sale.
VENDOR:
See Agreement of Sale.
VENDOR'S
LIEN:
An implied lien given by law to a vendor for the remaining
unpaid and unsecured part of a purchase price.
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