ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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IMPLICIT RATE OF INTEREST Definition
IMPLICIT RATE OF INTEREST is when the stated interest rate is not indicative of the market rate at the time a note is negotiated, the value of the asset (cash or non-cash) or service exchanged for the note establishes the market rate.
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HISTORICAL EXCHANGE RATES are just that: The historical data on currency exchange rates.
THALER is a currency of Bohemia, Germany, Hungary, Roman Empire, Prussia etc.