Examlex
The proposition that group stereotypes may be unwisely generalized,but that some basic distinctions between groups exist,is called the
Net Purchases
The total amount of purchases after subtracting returns, allowances, and discounts.
Revolving Credit Agreement
A credit facility allowing a borrower to withdraw, repay, and redraw loans repeatedly up to a certain credit limit.
Commitment Fee
A banking fee charged by lenders to secure a line of credit or a loan, often paid by borrowers to guarantee access to credit.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark for other interest rates.
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