Examlex
Match each definition with the correct word part.
-bi/o
Discount Rate
The discount rate applied in the evaluation of discounted cash flow to ascertain the current worth of anticipated future cash flows.
Promissory Note
A fiscal agreement in which one side promises in writing to pay a fixed amount of cash to the other side, either immediately when demanded or on a future agreed date.
Promissory Note
A monetary tool involving a formal commitment from one party to compensate another party with a specific amount of money, either upon request or at an agreed future time.
Simple Interest
Interest reckoned only on the initial capital, disregarding compounded sums.
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