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The Platinum Rule is:
Short-term Incentive
Compensation awarded to motivate and reward employees for achieving specific performance targets within a short period, typically one year.
Compliance Covenant
A clause in a financial agreement that requires a borrower to meet certain conditions to maintain good standing with the lender.
Net Worth
The total assets minus total liabilities of an individual or company, indicating the financial health or value of the entity.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.
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