Please Define the Following Key Terms

question 45

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-George Wilhelm Friedrich Hegel

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Definitions:

Maker

The party in a financial transaction who creates or issues a promissory note and promises to pay the note's value at maturity.

Payee

The individual or entity to whom a payment is to be made.

Leap Year

A year consisting of 366 days, with an extra day added to February, occurring every four years to help synchronize the calendar year with the solar year.