Term of the Day
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normally included in
agreements, and other debt instruments (such as bonds and notes). It gives the
the entire loan
interest) to be paid at once, in case the
fails to make payments (defaults) or gets into serious
details (often in fine print) which actions or
. Some banks include unspecific terms such as "if the
otherwise deems itself insecure" to widen the
. Also called call clause. See also
act of bankruptcy
letter of credi...
pro forma invoi...
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