Examlex
Promises, threats, apologies, questions, and assertions are known as speech acts.
Annual Interest Rate
The percentage that represents the cost of borrowing money or the gain from saving money on an annual basis, crucial for financial calculations.
Sales Discount
A reduction in the price of goods or services offered to customers, usually to accelerate sales or reward customer loyalty.
Credit Terms
The conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and the amount of loan.
Net Realizable Value
The estimated selling price of goods, minus the cost of their sale or completion and any necessary disposal expenses.
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