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Factoring
The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount, in order to raise immediate capital.
Note Maturity
Note maturity refers to the date on which a debt instrument, such as a bond or promissory note, reaches its due date and the principal is to be paid to investors.
Quarterly Interest
Interest calculated or paid every three months on loans, investments, or deposits.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.
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