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Computer-Aided Manufacturing (CAM) Is Software That Enables Users to Test

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Computer-aided manufacturing (CAM) is software that enables users to test, analyze, and optimize their designs. This type of software frequently allows engineers to catch design flaws before production.


Definitions:

Bond Issuer

A bond issuer is an entity, such as a corporation, government, or municipality, that raises funds by issuing bonds to investors, in return for borrowing money over a specified period at an agreed interest rate.

Promissory Notes

Written, legally binding promises to pay a specified sum of money at a defined future date.

Installment Notes

A form of debt or loan that is paid back in regular, periodic installments, often including both principal and interest.

Principal

The original sum of money borrowed in a loan or invested, excluding any interest or dividends.

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