CONTROLLABILITY, COST Definition

CONTROLLABILITY, COST is the financial policy of controlling, limiting or curbing the cost of materials, labor, and overhead.

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REDISCOUNT is to discount short-term negotiable debt instruments for a second time, after they have been discounted with a bank.

PLACEMENT is bank depositing Eurodollars with (selling Eurodollars to) another bank is said to be making a placement.

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