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According to monetarists:
Covenants
Agreements or clauses within a financial contract that obligate the borrower to meet specified conditions or restrict certain actions to protect the lender's interests.
Accounting Numbers
Financial figures derived from accounting practices that represent a company's financial performance and position.
Public Service Commission
A regulatory body governing the rates and services of public utilities, such as electricity, gas, and water within a certain jurisdiction.
Rate-making Purposes
The process used by regulators to establish fair and reasonable rates charged to customers by utility companies or insurers.
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