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What Is the Official Definition of the Poverty Line? What

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What is the official definition of the poverty line? What are some causes of poverty?


Definitions:

90-Day Note

A short-term debt instrument that matures in 90 days, typically used for financing immediate needs.

360-Day Year

The 360-day year is used in financial calculations to simplify interest calculations, assuming each month has 30 days.

Maturity Value

The total amount payable to an investor at the end of a fixed term investment, including the principal and any accrued interest.

Days' Sales in Receivable

A financial metric that indicates the average number of days it takes for a company to collect payment after a sale has been made, illustrating the liquidity and efficiency of the company's receivables.

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