Match the Following Terms with Their Definitions

question 46

Multiple Choice

Match the following terms with their definitions.
-Maker

• A)Number of days bank will wait for its money in the discount process
• B)Cash paid on due date
• C)The principal
• D)Maturity value minus bank discount
• E)A written promise
• F)Bank deducts interest in advance
• G)Signs the note
• H)Rate bank charges in the discounting process
• I)True rate of interest
• J)Due date
• K)Ability to borrow quickly
• L)Amount bank charges in the discounting process
• M)Maturity value greater than original note

---

Definitions:

Contemporary Organisations

Modern entities that are characterized by their adaptive strategies, innovative approaches, and responsiveness to changes.

Operating Environment

The external conditions and factors that affect an organization’s operations, including economic, regulatory, technological, and demographic influences.

Above-average Returns

Financial gains that exceed the benchmark or average returns in a given market or industry.

Excessive Profits

Earnings that significantly exceed the norm for a industry or market, often viewed critically in terms of business ethics or competition fairness.