Examlex
____ occurs when a seller or lessor either misrepresents the quality of a product or conceals a defect in it.
Discount Period
The time period within which a payment on an invoice qualifies for a prompt payment discount.
Outstanding Balance
The outstanding balance is the total amount still owed on a loan or credit line, including any interest or fees that have accrued.
Credit Period
The time period granted to a customer for paying an invoice.
Stock Price
The current market price at which a share of a company's stock can be bought or sold.
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