Examlex
A principal owes an agent a duty of compensation.
Equivalent Value
The amount that represents the same value when compared under different conditions or assumptions.
Due Today
The amount of money that must be paid or is payable today.
Interest Free
Describes a loan or credit arrangement that does not require the borrower to pay interest on the borrowed amount.
Short Term Debt
Refers to any financial obligation that is due for repayment within one year.
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