CONTRACT RATE OF INTEREST Definition

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CONTRACT RATE OF INTEREST is the interest rate specified in a contract.

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LANDING COST is the initial charges for landing imported goods, such as those for receiving goods from dockside vessels or from barges to lighters. They may also cover wharfage or delivery from the dock to land conveyance or warehouse.

STOCK CERTIFICATE is a certificate establishing ownership of a stated number of shares in a corporations stock.

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