NET DEBT Definition

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NET DEBT is: debt + short term loans less cash on hand.

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EATING STOCK is when an underwriter can't find buyers for a stock and therefore has to buy them for his own account.

USE TAX is a tax on the storing, using, consuming, and sometimes distributing tangible personal property or providing a taxable service, i.e. you will be subject to the use tax in the state where that event occurs.

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