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Identify/define and explain the significance of the following: seigneurialism.
Complement Rate
The percentage subtracted from 100% to find the remaining portion of a rate, often used in insurance and finance to determine net rates.
Discount Date
The date on which a bill of exchange or other payment instrument is discounted, meaning it is computed for present value before its maturity date.
Freight Charge
A fee charged for the transportation of goods by freight services, often based on the weight and distance.
Cash Discount
A reduction in the price of goods or services offered to a buyer in order to encourage prompt payment.
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