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Sylvester is taking out a loan and is confused by the jargon. Which of the following explanations might help him?

Sagot :

A loan is an overdraft which is taken by a person from a financial institution usually to settle financial emergencies.

What is a Jargon?

This refers to the technical terms which are specific and peculiar to an area of expertise.

With this in mind, if Sylvester is taking a loan and is confused by the jargon, then he has to ask the person to give proper explanations so that he would have a better understanding.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

Read more about loans here:
https://brainly.com/question/25239160

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