CREDIT LINE Definition

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CREDIT LINE is the maximum credit that a customer is allowed.

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MUTUAL FUND, according to the SEC, is a company that brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings.

ASC is Accounting Standards Committee or Australian Securities Commission.

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