Examlex
Which of the following is NOT a component of the current account?
Interest Rate
The percentage of a loan amount charged by the lender to the borrower for the use of assets, typically expressed on an annual basis.
Face Value
The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.
Promissory Note
A financial document in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.
Accounts Receivable
Amounts owed to a business by its customers for goods or services delivered or used but not yet paid for.
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