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All quarterly time series contain seasonality.
Certificate of Deposit
A financial product offered by banks that locks in a sum of money for a fixed period, offering higher interest rates than regular savings accounts.
Maker
The individual or entity that creates or issues a promissory note and is responsible for repaying the debt specified in that note.
Holder in Due Course
A legal term describing a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised against the original issuer.
Negotiability
The attribute of a financial instrument allowing it to be transferred or assigned from one party to another.
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