TRADE PAYABLE Definition

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TRADE PAYABLE, also known as an account payable, is an amount owed to a creditor for goods and services received.

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SHARPE RATIO, named after William P. Sharpe, is a measurement of portfolio trading performance. It is calculated by subtracting risk free rate from total portfolio return, then dividing by the standard deviation of the portfolio:Sharpe ratio = Total portfolio return - Risk free rate / Portfolio standard deviation.

DEBT SERVICE RATIO is the measurement of debt payments to gross income.

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