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What are the two ways that the payoff conditional on default can be expressed?
Excavation
The process of digging up earth, soil, or rock, often used in archeology or construction to uncover structures or artifacts.
Contract Price
The total amount agreed upon in a contract for the sale of goods or services.
Call for Tenders
A formal request issued by a business or government for suppliers to submit proposals to undertake a specified project or service.
Municipality
A city, town, or other district possessing corporate status and usually its own local government.
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