BOND Definition

BOND is a commonly used form of long term debt.

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INTANGIBLE ASSETS are non-physical assets (such as franchises, trademarks, patents, copyrights, goodwill, equities, mineral rights, securities and contracts as distinguished from physical assets) that grant rights, privileges, and have economic benefits for the owner.

DELINQUENCY RATIO is the ratio of past-due loans to total number of loans serviced.

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