INTEREST ONLY (IO),in securities, is the interest only portion of a stripped mortgage-backed security. For IO securities, all of the interest distribution is due to the registered holder based on the current face value of the underlying mortgage-backed security.
RETURNS INWARDS are goods sold on credit to a customer and returned for some reason to be refunded for (Sales returns).
WIDGET is a device that is very useful for a particular job. Often used within a name of a fictitious company.
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