Examlex
One of the insights from the Exit, Voice, and Loyalty game is that it can be difficult to figure out who has power and who does not simply by observing their actions in the real world.
Excess Funds
Financial resources that exceed the current needs or obligations of a company or individual, available for investment or other purposes.
Short-Term Financial Plan
A financial strategy or planning document that outlines the revenue, expenses, and cash flow for a business over a short period, typically less than one year.
Letter of Credit
A financial document issued by a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.
Bank Loan
A bank loan is a sum of money borrowed from a bank that must be repaid with interest over a predetermined period.
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