Examlex
A corporate objective is a statement of an organization's purpose and operating philosophy and provides guidance and direction for the operations of the company.
Principal
The original sum of money borrowed in a loan, or the amount of the investment on which interest is calculated.
Promissory Note
A Promissory Note is a financial document in which one party promises to pay a specified sum of money to another party at a predetermined date or on demand.
360-Day Year
A simplified method for calculating interest based on a year of 360 days instead of the actual 365 or 366 days.
Promissory Note
A financial document in which one party promises to pay another party a specified sum of money at a specified date or on demand.
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