Examlex
Items that are included on a bank statement and decrease the bank account balance are called _________________________.
Debt Refunding
The process of replacing old debt with new debt, often to take advantage of more favorable borrowing terms or interest rates.
NPV
Net Present Value; a financial metric used to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period of time.
Interest Rates
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR).
After-Tax Annual Interest Savings
The amount of money saved annually on interest payments after accounting for the effects of taxes, often referenced in discussions of debt refinancing or consolidation.
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