ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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TRADE DEBTORS Definition
TRADE DEBTORS represent amounts of money owed by customers who have purchased goods/services from the company.
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OBLIGATION BOND is a bond signed by a mortgagor (borrower) for an amount greater than the loan amount. Such a bond creates a personal obligation on the part of the borrower and assures the lender of recourse in case of nonpayment of property taxes and insurance or past due interest on the mortgage.
DOBRA (DOBRAS) is a currency of St. Thomas & Prince.