DUN Definition

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DUN is when you importune (beg or are insistent upon) a debtor for payment: a dunning letter.

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MANDATORY TRANSFERS are transfers from the current (operating) fund group to other fund groups arising out of binding legal agreements related to the financing, e.g., in education: debt retirement, interest, and grant agreements with federal agencies and other organizations to match gifts and grants. Whereas non-mandatory transfers would be transfers from the current (operating) fund group to other fund groups made at the discretion of management to serve various objectives, e.g., additions to loan funds, endowment funds, plant additions, and voluntary renewal and replacement of plant.

FIELD TRIAL is a test of the performance of a new product under the conditions under which it is intended be used.

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