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| | Debt article - Debt standard deferred payment money units currency loans bonds mortgages - What-Means.com (Site not responding. Last check: 2007-10-16) |
 | | Both parties must agree on some standard of deferred payment, most usually a sum of money denominated as units of a currency, but sometimes a like good. |
 | | For instance, one may borrow shares, in which case, one may pay for them later with the shares, plus a premium for the borrowing privilege, or the sum of money required to buy them in the market at that time. |
 | | Thus it is important to agree on standards of deferred payment in advance, so that a degree of fluctuation will also be agreed as acceptable. |
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