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Making the workplace an enjoyable environment is key to managing Generation Y
Credit Period
The duration of time the buyer is allowed to pay for a purchase after the sale has been made, without incurring any interest.
High-priced Item
An item or asset that has a high cost or value, often relative to similar items in the market.
Low Collateral Value
Low collateral value refers to assets that have declined in worth, offering less security for loans and reducing borrowing capacity.
Credit Scoring
A system used by lenders to evaluate the creditworthiness of potential borrowers, resulting in a score that predicts the likelihood of repayment.
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