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Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.
A banker's acceptance is a document issued by a bank institution that represents a bank's commitment to make a requested future payment. The request will typically specify the payee, the amount, and the date on which it is eligible for payment. After acceptance, the request becomes an unconditional liability of the bank.
The highly confident letter had no legal status. Nonetheless, Drexel, or more precisely, Milken, had a reputation for being able to make markets for any bonds it sold. Thus, its ability to raise the huge amounts of leverage that were required for LBOs was widely accepted as given in the markets during those days.
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The average rate on a 30-year mortgage in the U.S. eased again this week, slipping to its lowest level since late October. The rate dropped to 6.69% from 6.81% last week, mortgage buyer Freddie ...
The average rate for shorter 15-year terms is 6.30% for purchase and 6.30% for refinance, up 5 basis points from 6.25% for purchase and 4 basis points 6.26% for refinance this time last week ...
The file starts with a header containing a magic number (as a readable string) and the version of the format, for example %PDF-1.7. The format is a subset of a COS ("Carousel" Object Structure) format. [23] A COS tree file consists primarily of objects, of which there are nine types: [16] Boolean values, representing true or false; Real numbers ...
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