ADI Definition

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ADI, in invoicing, is After Date of Invoice.

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MONETARY ASSETS are measured at their collectible amounts, while nonmonetary assets are measured at historical costs.

FLOATING RATE NOTE (FRN) is a short-term debt obligation where the interest rate is variable because it is linked to a market rate such as the 3-month T-bill rate or London Interbank Offer Rate (LIBOR).

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