TRANCHES Definition

TRANCHES are related securities that are offered at the same time but have different risk, reward, and/or maturity.

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EQUIPMENT LOAN is a loan used for the purchase of capital equipment.

MANAGEMENT INFORMATION SYSTEM (MIS) is a well-developed data management system that provides uniform organizational information from all areas of the entity within a database. Information within the database is manipulated to help management reach accurate and rapid organizational decisions.

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