Abbreviations

Below you will find the list of abbreviations and terms used in describing the Lending Compliance module.

Abbreviation/Term	Expansion/Description
CAT	Costo Anual Total Total annual cost
MXN	Mexican Peso. Official currency of Mexico
UDI	Unidad de inversión (Unit of Investment)- Index rate
LIVA	Ley del Impuesto al Valor Agregado (Spanish) Law of Value Added Tax (English)
VAT	Impuesto al Valor Agregado (Spanish) Value Added Tax (English)
UDI	Unidad de Inversión (Spanish) Investment Unit (English)

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