RISK-FREE RATE Definition

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RISK-FREE RATE is the rate of return available in the market on an investment free of default risk.

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PURCHASE AND LEASEBACK see SALE AND LEASEBACK.

ACCOMODATION ENDORSEMENT is a) the guarantee given by one legal entity to induce a lender to grant a loan to another legal entity. b) a banking practice where one bank endorses the acceptances of another bank, for a fee, qualifying them for purchase in the acceptance market.

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