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England's Royal Society and France's Royal Academy of Sciences demonstrated the
Loan
is a sum of money borrowed that is expected to be paid back with interest.
Receivables
Money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.
Unsecured
Refers to a loan or credit that is not backed by collateral, meaning the lender takes on more risk and relies on the borrower's creditworthiness.
Internal Audits
Evaluations conducted by a company's own staff to assess its systems, controls, and operations for efficiency, effectiveness, and compliance.
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