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Definitions (163)
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Prime rate
The Prime Rate is the interest rate that commercial banks charge their most credit-worthy customers, which are typically corporations.
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Inventory
Inventory or Stock refers to the goods and materials that a business holds for the ultimate purpose of resale. It is a Current Asset on the Balance Sheet. Most manufacturing organizations usually divide their “goods for sale” inventory into:
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Prime rate
Production Finance
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Inventory
Inventory Financing
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