TN Financial Glossary
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Other Similar Finance Terms:
Financial Term NonProfit Corporation is A business entity formed for civil, social, or charitable purposes for which the generation of profit is not part of its function. Non-profit corporations are taxed differently, and are incorporated differently than for-profit business organizations.Financial Term Daily Periodic Rate is The interest rate factor used to calculate interest charges on a daily basis. The factor equals the annual percentage rate divided by 365. See periodic rate.
Financial Term Commitment is An agreement, often in writing, between a lender and a borrower to loan money at a future date subject to compliance with stated conditions.
Financial Term Property tax relief is Same or similar to tax relief. See also tax relief.
Financial Term Capitalized Cost is The value of an asset used to calculate depreciation.