Examlex
The application architecture describes ___________.
Long-term Note Payable
A debt obligation that is not due for repayment within the next year or operating cycle of the business.
Periodic Instalment
Regular, scheduled payments made over time to repay a debt.
Unpaid Balance
The remaining amount of money that has not been paid on a loan or debt.
Contingent Liability
A potential financial obligation that depends on a future event that is not certain to happen.
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