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A crisis does not always have to be viewed negatively. It can be an opportunity for a company to improve its position in the market and enhance its image.
Promissory Note
A pecuniary promise recorded in a document, where one side agrees to pay a definite financial sum to the other, available either on demand or on a date in the future that has been agreed upon.
Simple Interest
Interest determination based strictly on the principal sum, thereby excluding any interest that may have accrued in past periods from the calculation.
Non-Interest-Bearing
Pertaining to debt or security that does not earn interest over time, usually issued at a discount to its redemption value.
Simple Interest
The calculation of interest that exclusively considers the initial amount of money deposited or borrowed, without compounding.
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