Examlex
A "free" chequing account with a minimum balance of $500 has an opportunity cost of lost interest.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable and inventories.
Short-Term Financing
Funding obtained for a period of one year or less, used to cover immediate needs such as working capital requirements.
Minimum Denomination
The smallest unit of value in which a security or financial instrument can be issued or traded.
Net Worth
The difference between an individual or household’s assets and liabilities.
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