Examlex
Most systems are not built to use the existing infrastructure in the organization, so the current infrastructure rarely restricts the choice of architecture.
Financial Instrument
Any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
Bank Overdraft
A facility that allows an individual or business to withdraw more money from a bank account than has been deposited, up to an agreed limit.
Notes Payable
A liability represented by a written promise to pay a specific sum of money, usually with interest, by a specified date.
Equipment
comprises tangible assets used in operations, such as machinery and office hardware, which have a useful life beyond one year and assist in the production of goods and services.
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