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Term of the Day
efficiency unit
efficiency ratio
efficient
Definition
A small
dwelling
, usually consisting of a
single
room, within a multi-family
structure
. In many cases kitchen or bath facilities are not
complete
. For example, an
efficiency
apartment may have a microwave and
sink
, but no stove or refrigerator.
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Popular 'Lending & Credit' Terms
equity
triple net lease
leverage
interest rate
amortization
security
accounts receivable
quick ratio
financial leverage
accounts payable
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