Examlex
Which of the following would NOT be considered a general principle in nearly all theories of development?
Certificate of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank and is insured by the Federal Deposit Insurance Corporation (FDIC).
Promissory Note
A written promise to pay a specified amount of money to a designated person or entity by a certain date or on demand.
Maker
The individual or entity that creates or signs a negotiable instrument, committing to pay the specified sum to the holder.
Negotiable
Capable of being transferred or converted into cash or equivalent value, often used in reference to financial instruments.
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