A writing acknowledging a debt; a writing signed by a public officer or corporation as evidence of debt.
Deduction or discount. Embezzlement of money by an officer having it in charge.
The failure to pay fixed charges or interest coupons. This is a serious thing for a corporation, and usually causes a heavy shrinkage in value.
An amount deducted from the regular price or list.
The rate per cent. of interest charged by banks for the use of money loaned. It is always deducted from the principal when the loan is made.
A failure to pay an obligation when due; a failure to accept a draft when presented for acceptance.
The proportion of the profits alloted to each stockholder in a company.
One appointed to execute the will of another.
Those producing a surplus of grain which finds a market in other countries where there is a deficiency. The principal ones are the United States, Russia, Argentina, Hungarv, India, Roumania, and Australia.
An allowance of further time for the payment of a debt.