ONE-OFF Definition

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ONE-OFF is a happening that occurs only once and is not repeated, e.g. a one-off sale is a sales event that will occur only once.

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UNIT-OF-DELIVERY METHOD see UNIT-OF-WORK-PERFORMED METHOD.

TERM LOAN is a bank loan, typically with a floating interest rate, for a specified amount that matures in between one and ten years and requires a specified repayment schedule.

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