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Use the Power-Reducing Formulas
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Short-term Note Payable
A debt obligation due within a short period, typically less than one year, representing a written promise to pay a specified sum of money.
Merit Rating
An evaluation system that rates the performance or credit rating of an individual or entity.
FICA Taxes
Taxes collected in the United States under the Federal Insurance Contributions Act for both Social Security and Medicare funds.
Estimated Liability
A financial obligation that is recognized on the books before the exact amount is known, typically used for anticipated expenses or losses.
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