Tag: quizlet

A-Credit

What is 'A-Credit' The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system...

Back Charge

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

Face Value

What is 'Face Value' Face value is the nominal value or dollar value of a security stated by the issuer. For stocks,...

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