T-BILL Definition

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T-BILL see TREASURY BILL.

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DISCLOSURE PRINCIPLE states that any and all information that affects the full understanding of a companys financial statements must be include with the financial statements. Some items may not affect the ledger accounts directly. These would be included in the form of accompanying notes. Examples of such items are outstanding lawsuits, tax disputes, and company takeovers.

MATURITY is the date on which the last principal payment of a debt instrument becomes due and payable.

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