Examlex
Which of the following is true of mobile systems?
Accessible
Refers to something that can be easily approached, entered, or used; in financial terms, it may refer to assets or funds that can be readily tapped or utilized.
Commercial Paper
Corporations issue this unsecured, short-term financial instrument to cover expenses related to payroll, accounts payable, and inventories.
Maturity
The time at which the principal or final payment of a financial instrument, such as a bond or loan, is due to be paid in full.
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, typically on an annual basis.
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