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A tactile receptor composed of highly coiled dendrites that are surrounded by modified Schwann cells and a fibrous capsule is a
Contingent Liability
A potential financial obligation that may occur depending on the outcome of a future event.
Interest Expense
The cost incurred by an entity for borrowed funds, reflecting the interest payments on debt over a reporting period.
Note Payable
A written agreement where one party promises to pay another party a definite sum of money either on demand or at a specified future date.
Maturity
The date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.
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