LESSOR Definition

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LESSOR is the party who conveys specified property to another for a period of time in return for the receipt of rent.

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ENDORSEMENT, dependent upon usage, can be: a. a signature that validates something, e.g. a bank cashier will not cash a check without an endorsement; b. a promotional statement, e.g. as found on the dust jackets of books; or, c. formal and explicit approval.

CREDIT CONTROL is policies and procedures aimed at controlling the granting of credit.

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