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The Food and Drug Administration is part of
Commercial Paper
Unsecured, short-term promissory notes of large firms, usually issued in denominations of $100,000 or more and having an interest rate of somewhat below the prime rate.
Credit Quality
An assessment of the creditworthiness of a borrower, reflecting their ability to repay debt.
Risky
Involving or exposed to a high degree of uncertainty or subject to potential loss.
Prime Rate
The lowest interest rate that banks generally charge their best customers.
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