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Why can't we see atoms?
Discount
A reduction applied to the face value of a product, service, or security to encourage purchase or investment.
Net 60
A payment term indicating that payment is due 60 days after the invoice date.
Effective Annual Rate
The interest rate on a loan or financial product restated on an annual basis, taking compounding into account.
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The conditions under which credit will be extended to a borrower, including repayment periods and interest rates.
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