CANDY DEAL Definition

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CANDY DEAL is a slang term that refers to an illegal business practice to inflate revenue/sales numbers by selling product to distributors with a pledge to buy them back later, in addition to providing a percentage kickback to the distributor for assisting in falsifying the sale.

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REGISTERED BONDS are bonds for which the names and addresses of the bondholders are kept on file by the issuing company.

BCL is an acronym for, among others, Bank Comfort Letter or Bachelor of Canon/Civil Law.

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