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ad valorem adj. Latin for "based on value," which applies to property taxes based on a percentage of the county's assessment of the property's value. The...
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account stated n. a statement between a creditor or the person to whom money is owed and a debtor (the person who owes) that a...
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acceleration clause n. a provision in a contract or promissory note that if some specified event (like not making payments on time) occurs then the...
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