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Lender definition

Accounting Tools

There are several options for the repayment of these loans, such as in accordance with a fixed monthly schedule or a lump sum payment that is due on the maturity date of the loan. Related AccountingTools Courses Corporate Finance Treasurer's Guidebook Related Article Lender Relations (podcast)

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Basket purchase definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is a Basket Purchase? A basket purchase is the acquisition of a number of assets as a group, in a single purchase transaction. To do so, allocate the purchase price amongst the assets based on their relative fair values.