SG&A refers to the indirect overhead costs contained within the Sales, General and Administrative expense/cost categories. Generally, SG&A expenses of <30% are exceptional, while SG&A approaching 100% indicates a highly competitive industry. Consistency of SG&A is key.
FLOATING-RATE NOTE is an instrument with a fluctuating interest rate as prescribed at the time of issue.
PARENT COMPANY is a company of which others are subsidiaries.
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