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It is not unusual for search firms to charge expenses plus 30% of the candidate's gross starting salary as their fees for a successful hire.
Required Reserves
The minimum amount of reserves a bank needs to hold as mandated by central banks to ensure financial stability and liquidity.
Demand Deposits
Demand Deposits are bank account funds that can be withdrawn at any time without any advance notice to the bank.
Original Maturity
The initial fixed period for which a financial instrument, such as a bond or loan, is issued before it is due for repayment.
Required Reserves
The least amount of money that a bank is required to keep on hand as a safeguard for deposits, in compliance with the rules set by central bank authorities.
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