MINOR MATTERS Definition

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MINOR MATTERS is a term used in accounting and legal reports to cover areas considered to be cosmetic or superficial; thereby deemed by the author to be of little consequence.

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DISCOUNT PAPER is securities that are issued at a discount and mature at face, or par value. The difference, rather than coupon payments, represents the interest earned at maturity .

PARALLEL PROCESSING is the simultaneous performance of multiple operations, usually in reference to computer systems.

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