Examlex
Stocks that are not listed as trading on one of the national or international stock exchanges can be traded on the OTC, over-the-counter exchange.
Monthly Interest Rate
The interest rate applicable to an investment or loan on a monthly basis.
Net 30 Policy
A credit term indicating that payment is due in full 30 days after the invoice date.
Break-Even Level Of Sales
The amount of revenue from sales that is exactly sufficient to cover both fixed and variable costs, resulting in zero net profit or loss.
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