Examlex
Which of the following is correct?
Discount Date
The date on which a bill or note is paid before its maturity, resulting in a deduction from the nominal amount, known as a discount.
Complement Rate
In insurance, it refers to the percentage of coverage that an insurance company does not cover under a coinsurance clause; effectively, it is the portion of the cost that the policyholder must pay after insurance.
Discount Date
The deadline by which a payment must be made to avail of a cash discount for early payment.
Due Date
The specific day by which a payment, project, or assignment is required to be completed or submitted.
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