Examlex
Explain the difference between change orders and contract modifications.
Maturity
The point in time when the principal amount of a loan, bond, or other financial instrument becomes due and is to be paid or settled.
Contract
A legally binding agreement between two or more parties that is enforceable by law.
Annually
Pertaining to something that occurs once every year or relating to a period of one year.
Line of Credit
A flexible loan arrangement with a bank or lender, allowing the borrower to draw funds as needed up to a certain limit.
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