Examlex
To date, most of the efforts in the area of Indigenous justice systems in Canada have focused on the existing criminal justice system accommodating Indigenous approaches to justice.
Liability Account
A liability account is a financial reporting account that is used to record obligations or debts that a company owes to others, such as loans, accounts payable, or mortgages.
Noninterest-Bearing Notes
These are promissory notes issued at a discount to face value that do not pay periodic interest, with the return to the investor being the difference between the purchase price and the face value at maturity.
Discounted Note
A promissory note whose face value has been reduced to reflect the effect of interest that it will earn.
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