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If a valuable employee seems to be thinking about quitting the organization, a useful tool for preventing this turnover is to promote the individual.
Specific Stock
A particular share or security representing ownership in a company.
Specific Price
A precise cost or valuation assigned to a particular item, service, or financial instrument.
Long-Term Debt
Financial obligations of a borrowing entity that are due for repayment in more than one year's time.
Fixed Stream of Income
Income generated from investments that provide a constant amount of money at regular intervals.
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