FINANCIAL VIABILITY Definition

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FINANCIAL VIABILITY is the ability of an entity to continue to achieve its operating objectives and fulfill its mission over the long term.

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SHARE is one unit of ownership interest in a company, mutual fund, limited partnership, etc.

TEASER RATE, in lending, is the initial rate set on adjustable-rate mortgages (ARMs) by the lender to attract prospective borrowers. It is the coupon rate an investor earns in the first year.

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