CENTAVO Definition

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CENTAVO is a currency of Mexico and many Central and South American countries, Cape Verde, Philippines etc.

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FANNIE MAE (FNMA) see FEDERAL NATIONAL MORTGAGE ASSOCIATION.

NON-PERFORMING ASSET is an asset not effectual in the production of income. For example, in banking, commercial loans 90 days past due and consumer loans 180 days past due are classified as non-performing.

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