Examlex
What type of equipment should be used for frying food?
Competitive Market Price
The price established through competition where the amount supplied is equal to the amount demanded.
Interest Rate
The segment of a loan that results in interest fees for the borrower, commonly presented as an annual percent.
Interest Rate
The cost, shown as a percentage of the principal amount, that a lender requires from a borrower to use resources.
Bond
A financial instrument representing a loan made by an investor to a borrower, typically corporate or governmental, which pays back with interest.
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