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For a business to thrive long-term, effective new product development is vital.
Maturity
Maturity indicates the date on which the principal or final payment is due to be paid on a loan, bond, or other financial instrument.
Sinking Fund
A fund that accumulates cash to pay off bonds when they are retired.
Interest Revenue
Income earned from lending money or investments in interest-bearing financial instruments.
Contract Rate
The interest rate stated in a contract, such as a loan or lease agreement.
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