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The type of power that results from political referrals is referent power.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a reference for other rates.
Loan Repayment
The process of paying back borrowed money, typically in installments over a set term.
T-Bill
Short-term government debt security with a maturity of less than one year.
Simple Interest
A method of calculating interest where it is applied only to the principal amount, not on the accumulated interest.
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