UNBUDGETED Definition

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UNBUDGETED are items and/or amounts that are currently not included within a budget.

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FINANCING MARGIN RATIO (FMR) is the margin to be maintained between the debit balance and the actual security value as stipulated in the Facility Letter or any other margin as stipulated by a lending bank from time to time as the FMR.

FEE SIMPLE ABSOLUTE see FEE SIMPLE.

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