Examlex
Which of the following is expected to be stable?
Maker
In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.
Payee
The party in a financial transaction who receives payment.
Note Receivable
A written promise that entitles the holder to receive a specified amount of money from another party at a future date.
Interest
A charge for borrowed money, generally a percentage of the amount borrowed.
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