OFFICIAL INTEREST RATE Definition

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OFFICIAL INTEREST RATE, normally, is the rate of interest charged by the government or traders within the money market, e.g., federal funds rate and bank repurchase agreement (repo rate).

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UNREALIZED ACCOUNTS RECEIVABLE, in cash based accounting, is monies due but not received; can be used to offset taxes.

CR, in accounting, is an acronym for Credit Record. See CREDIT RECORD.

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