Examlex
The management definition of electronic communications is:
Contingent Liability
Liability on the part of one who discounts a note if the maker of the note defaults at maturity date.
Discounted Note
A debt instrument that is sold or issued for less than its face value.
Maturity Value
The sum payable to the holder of a financial instrument at the end of its term, encompassing the principal amount plus any accrued interest.
Interest
The cost of borrowing money, typically expressed as a percentage of the principal amount.
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