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One problem with duration gap analysis is that it:
Written Instrument
A legal document delineating rights, duties, or liabilities, often used in financial and property transactions.
Formal
Pertains to actions, processes, or documents that are done in accordance with established or conventional rules.
Note Receivable
A financial asset representing a written promise to receive a specific sum of money at a future date.
Other Receivables
Financial claims against entities other than customers, which might include tax refunds, interest due, and insurance claims.
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