LONG-TERM INVESTMENTS Definition

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LONG-TERM INVESTMENTS represents the investments a company intends to hold for over a one year period. For example: real estate, cash, stocks and bonds..

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DUN is when you importune (beg or are insistent upon) a debtor for payment: a dunning letter.

PARI PASSU is to do or apply something at an equal pace or rate. In finance, it is used in reference to two classes of securities or obligations that have equal entitlement to payment.

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