NEW DEBTOR Definition

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NEW DEBTOR is an entity that becomes bound as debtor by a security agreement previously entered into by another entity.

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CASE-BASED REIMBURSEMENT, in healthcare, is a hospital payment system in which a hospital is reimbursed for each discharged inpatient at rates prospectively established for groups of cases with similar clinical profile and resource requirements.

LISTED BOND is a bond traded on a major exchange.

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