Examlex
When the present value of an annuity is calculated as of two or more periods before the payment of the first cash flow, the annuity is
Rebate
A partial refund to someone who has paid too much money for tax, rent, or a utility.
Auction Without Reserve
A type of auction in which the item for sale will be sold regardless of the bid amount, without any minimum price threshold.
Cash Register
A machine used in shops to calculate and record sales transactions and to store money.
Expressed Contract
A legally binding agreement where the terms are explicitly stated either orally or in writing.
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