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Time value of money

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Full Text of the Document

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....26-3-2018 has discussed the interpretation of the term "time value of money" and stated: "1.4. The current definition of "financial debt" under Section 5(8) of the Code uses the words "[Ed.: The mat....

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Full Text of the Document

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....as been emphasised in original.]" has been the subject of interpretation only in a handful of cases under the Code. The words "time value" have been interpreted to mean compensation or the price paid ....

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