FRCN Definition

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FRCN see FLOATING RATE CONVERTIBLE NOTE.

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COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.

RUN RATE, in finance, is how the financial performance of a company would look if you were to extrapolate current results out over a certain period of time. In accounting, it is the average annual dilution from stock option grants at a company over the most recent three year period reported in the annual report.

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