Examlex
Noncompetitive proposals are compared with one another,and only one or a few are selected to receive the limited resources available.
Certificate Of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank.
Note
A promise by the maker of the note to pay the payee of the note.
Bank
A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.
Negotiable Instruments
Financial documents that guarantee the payment of a specified sum of money, either on-demand or at a set time.
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