BUSINESS COMBINATION Definition

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BUSINESS COMBINATION is the merger of separate entities or operations of entities into one reporting entity.

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MATURITY is the date on which the last principal payment of a debt instrument becomes due and payable.

REVOLVING CREDIT is a line of credit extended to customers who may use it as often as desired up to a certain dollar limit. Items purchased using this line of credit may be paid in full upon receipt of a monthly statement, or they may be paid for in several installments, for which an interest charge is added. Also known as REVOLVING LINE OF CREDIT.

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