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Copyrights and patents cannot last forever and only have limited legal lengths.
Effective Annual Interest Rate
The interest rate on an investment or loan, which accounts for compounding over a given period.
Line of Credit
A flexible loan from a bank or financial institution that allows a borrower to draw down, repay, and redraw amounts up to a certain limit.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Cash Cycle
The period between the outlay of cash for the purchase of inventory and the collection of revenue from its sale.
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