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finance word

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dunbaranne | 18:53 Thu 17th Nov 2005 | Business & Finance
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which same word, in finance means the time that must elapse before a bill of exchangeor promissory note becomes due for payment, and in music is a certain singing voice?
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tenor, I think
Please don't post quiz/crossword questions here. They belong in 'Quizzes & Puzzles'.

Chris.

PS: If Dzug thinks that 'tenor' has anything to do with finance then I'm definitely not engaging him as my financial adviser :-)

The financial period you refer to is usually called 'grace'. I wouldn't normally associate this with the name for a certain type of singing voice but I suppose that someone who adds grace notes (i.e. additional, 'flowery' notes) to their singing might be referred to as singing in a grace style.

If you google on tenor and finance you'll get plenty of relevant hits (and plenty of others..)


eg


Question 5 : What is the likely repayment term of the loan?



Answer - Most loans for the purchase of capital equipment are structured on a five-year repayment tenor. If the loan size is large (generally more than U.S. $10 million) AND the equipment has a useful life longer than the repayment tenor, it is possible to extend repayment to seven, eight, or perhaps even ten years. A six-month grace period is typically available for the start of principal repayment. Project finance repayment tenor varies.


from http://www.dfintl.com/FinancingFAQ.htm





and:


2c the length of time a bill is drawn to run before presentation for payment (1866)


Shorter Oxford English Dictionary

My apologies. I was assuming that this question was about the English language and not that strange, jargon-filled, mis-spelt nonsense which our trans-Atlantic cousins laughingly refer to as 'English' :-)

'Tenor' (with the definition given by by Dzug) definitely doesn't appear in my copy of the Concise Oxford Dictionary but perhaps that's because the 'Oxford' in the title is in Oxfordshire and not in Indiana (or Alabama or Maryland or Maine or anywhere else west of the water).

Chris
It seems that I was typing while Dzug was posting. OK, I accept that it's in the Shorter Oxford Dictionary. It wasn't you who 'forgot' to return my copy was it? :-)

Chris

No - I got it for next to nothing when I joined a book club


No worries -:) Don't wanna be anyone's Financial Advisor anyway

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