FLAT LEASE Definition

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FLAT LEASE is a lease where the cost is fixed for a specific period of time.

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PAID-UP CAPITAL is the total amount paid by shareholders for their shares of capital stock.

CORPORATE BOND is evidence of debt owed by a corpora­tion, issued for the purpose of borrowing money, and promising to return the face value of borrowed money at maturity. Corporate bonds usually pay interest at regular intervals twice each year.

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