Examlex
New computer hardware uses 40% less energy than the current model. How much more efficient is the new computer?
Effective Annual Rate
The interest rate on a loan or financial product restated on an annual basis, taking compounding into account.
Credit Terms
The conditions under which credit will be extended to a borrower, including repayment periods and interest rates.
Net 45
A payment term indicating that payment is due 45 days from the invoice date.
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