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Term of the Day
unsecured creditor
best-interests-of-creditors test
builder's bonds
Definition
A
lender
who will receive
payment
for
goods
or
services
not based on a hold
against
personal property
.
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Popular 'Accounting' Terms
current ratio
equity
working capital
asset
EBITDA
revenue
net income
negotiable
net profit
net worth
Related Terms
best-interests-of-creditors test
builder's bonds
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