vellication
noun as in strong fondness
Word Combinations
Example:The bank employs vellicational interest for its loan products, ensuring a steady increase in the interest amount over time.
Definition:Interest calculated using the vellication method.
From vellicational interest
Example:When a customer makes a payment with vellication, the interest is calculated based on the outstanding balance, including the accumulated interest from previous periods.
Definition:A financial transaction where interest is recalculated and added to the principal amount using the vellication method.
From payment with vellication
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