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A stop notice is used on non-government projects to prevent payment being processed
Stated Annual Rate
The interest rate of a financial product, such as a loan or savings account, as advertised before the effects of compounding and fees.
Cost
The value or price paid to acquire, produce, or maintain a good or service.
Time Value
The time value of money concept suggests that money available now is more valuable than the same amount in the future due to its potential earning capacity.
Cash Sales
Transactions where goods or services are paid for with cash or its equivalent at the time of sale, without delay.
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