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books or accounts of a firm or other organization. Often this valuation is made at the time that assets are originally purchased with the consequence that changes in value caused by inflation are ignored.<br /><em>See also:</em> inflation accounting
customize (L2)<br />To modify the standard design of a coNsuMER DURABLE by minor changes in its appearance or functions to allow its owner to express his or her personality, e.g. replacing small car/automobile wheels by larger ones.
<strong>Endorser</strong> – A signer of a promissory note who is secondarily liable for a loan obligation. A lender may require a PLUS applicant with adverse credit history to obtain a creditworthy endorser in order to receive the loan.
revolving underwriting facility (02)<br />An extended NOTE ISSUANCE FACILITY in the form of a conventional bank loan at low short-term interest rates offered because a money market has not purchased all of the short-term commercial paper offered.
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