CARRYING VALUE, also known as "book value", it is a companys total assets minus intangible assets and liabilities, such as debt.
AGI (Annual Gross Income) is annualized total income prior to exclusions and deductions.
COGNOVIT NOTE is a note in which the maker acknowledges the debt and authorizes the entry of judgment against him or her without notice or a hearing : a note containing a confession of judgment. This type of note is not valid in many states.
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