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Describe inflation targeting rule as a monetary policy.What are its benefits?
Endorsee
A person or entity to whom a negotiable instrument, such as a cheque or promissory note, is legally transferred through endorsement.
Bearer
An individual in possession of an instrument, such as a check or bond, that is payable to whoever holds it.
Negotiable Instrument
A paper that assures the payout of a certain sum of money, either when requested or at a predetermined time, with the document specifying the person responsible for payment.
Holder In Due Course
A legal term for a person who has obtained a negotiable instrument in a valid manner and has certain protections against defenses and claims that could be asserted against the original party.
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