Examlex
The relative mass of carbon is 3/8 that of an oxygen molecule.How many grams of carbon are needed to have the same number of particles as found in 32 grams of oxygen molecules?
Interest
The cost of borrowing money, often expressed as a percentage of the amount borrowed.
Positive Covenant
Positive covenant refers to stipulations in financial contracts that require the borrower to perform specific actions, such as maintaining certain financial ratios or insurance levels.
Loan Agreement
A legal contract between a borrower and a lender that outlines the terms and conditions of a loan, including repayment schedule, interest rates, and collateral.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.
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