COST-OF-LIVING LEASE Definition

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COST-OF-LIVING LEASE is a lease where yearly increases are tied to the cost of living index.

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FLOATING-RATE NOTE is an instrument with a fluctuating interest rate as prescribed at the time of issue.

 

THEORETICAL USAGE, in a manufacturing environment, is the projected or budgeted usage of parts, materials or supplies as opposed to the actual usage that may occur.

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