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The chemical reaction of an acid with a base will produce a salt and water.
Continuing Operations
The segments of a business expected to continue operating and providing net income for the foreseeable future.
Maturity Date
The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.
Market Rate
The prevailing interest rate available in the marketplace for instruments of similar risk and maturity or the current price of a market-traded security.
Covenants
Agreements or clauses within financial contracts that impose certain conditions or restrictions on the parties involved.
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