EXPENDABLE Definition

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EXPENDABLE is something that can be used and discarded without hurting the end product or the companys viability.

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FISCAL PERIOD is a unit of time (corresponding to calendar months) into which the fiscal year is divided. Period 1 is July 1st through July 31st, and so on. An extra accrual period also exists. See 13TH PERIOD.

FLOOR a series of European interest rate put options used to protect against rate moves below a set strike level.

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