Examlex
What geopolitical entity lost its diplomatic status when U.S.President Nixon began talks with China in 1971?
Net Present Value
A valuation method that reflects the present value of an investment's future net cash flows minus the initial investment cost.
Default Rate
The frequency at which borrowers fail to make scheduled payments on loans or securities.
Credit Policy
A set of guidelines that a company uses to determine the credit terms and conditions for its customers.
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