SOFT COSTS Definition

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SOFT COSTS are those extraneous costs that are not readily foreseen or budgeted for, e.g. legal fees, loan fees and interest, etc.

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VAD, in business, can mean: Value of Annual Demand, Value-Added Data, Value-Added Dealer, or, Value-Added Distributor.

CALL PRICE is the price at which a bond is callable prior to maturity, often at a small premium over par value.

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