OPEN-BOOK CREDIT Definition

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OPEN-BOOK CREDIT is a form of trade credit in which sellers ship merchandise on faith that payment will be forthcoming.

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ZERO COUPON CONVERTIBLE DEBENTURE/SECURITY is a zero coupon bond that is convertible into the common stock of the issuing company after the common stock reaches a certain price.

HUMAN CAPITAL is the unique capabilities and expertise of individuals that are productive in some economic context.

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