AVALIZOR Definition

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AVALIZOR is an institution or person who gives an aval.

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STANDARD COST SYSTEM is an accounting system designed to properly allocate costs of direct labor, indirect labor, materials, overhead, and selling/ general/administrative accounts on a unit basis for the purpose of accurately costing products and the subsequent control of those costs in managing the production, marketing, purchasing, and administrative functions of the business.

CPR is Constant Payment Rate, used to estimate the average life of mortgage-backed securities based on historical payments.

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