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Questions and Answers
What is the term for the reduction of a claim or a liability?
What is the term for the reduction of a claim or a liability?
What is the term for the ability of a person to pay their debts?
What is the term for the ability of a person to pay their debts?
What is the term for the reduction of duty or tax?
What is the term for the reduction of duty or tax?
What is the term for the renunciation of a right or claim?
What is the term for the renunciation of a right or claim?
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What is the term for the decrease in the value of coins due to wear and tear?
What is the term for the decrease in the value of coins due to wear and tear?
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What is the term for a person who is not present at their workplace?
What is the term for a person who is not present at their workplace?
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What is the term for the acceptance of a document without any conditions?
What is the term for the acceptance of a document without any conditions?
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What is the term for the advantage that a country has over another country in the production of a particular good?
What is the term for the advantage that a country has over another country in the production of a particular good?
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What is the term for the complete ownership of a property?
What is the term for the complete ownership of a property?
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What is the term for the complete transfer of ownership of a property?
What is the term for the complete transfer of ownership of a property?
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What is the term for the value of a good or service that is not dependent on other factors?
What is the term for the value of a good or service that is not dependent on other factors?
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What is the term for the complete control over a market or industry?
What is the term for the complete control over a market or industry?
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What is the term for the capital that is invested in a company?
What is the term for the capital that is invested in a company?
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What is the term for the process of acquiring a company?
What is the term for the process of acquiring a company?
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What is the term for the theory that interest is a reward for abstaining from consumption?
What is the term for the theory that interest is a reward for abstaining from consumption?
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What is the term for a summary of an account?
What is the term for a summary of an account?
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Study Notes
Financial Terms
- Aadhaar Seeding: Linking Aadhaar with other IDs or documents.
- Abandoned Cargo: Goods left unclaimed or abandoned.
- Abatement of Duty: Reduction in tax or duty on goods or services.
- Abnormal Demand: Unusual or unexpected increase in demand for a product or service.
- Abnormal Profit: Excess profit earned by a business, more than the normal profit.
Business and Finance
- Ability to Invest: Capacity to invest money in a business or venture.
- Ability to Pay: Capacity to pay debts or liabilities.
- Abnormal Method of Finance: Unconventional methods of financing a business.
- Abnormal Price: Price that is not normal or expected in the market.
- Abnormal Profit: Excess profit earned by a business, more than the normal profit.
Law and Commerce
- Abolition: Act of abolishing or canceling a law, institution, or practice.
- Above Par Value: Value of a share or asset that is higher than its face value.
- Above the Line Provision: Provision made for expenses or losses before calculating profits.
- Abrasion of Coins: Wear and tear of coins due to use.
- Abatement of Damages: Reduction in damages or compensation awarded.
Economics
- Absolute Advantage: Situation where one country or producer has a complete advantage over others.
- Absolute Amount: Total amount or sum of money.
- Absolute Assignment: Complete transfer of ownership or rights.
- Absolute Authority: Complete control or power over a situation or entity.
- Absolute Conviction: Firm or unwavering belief in something.
Accounting and Taxation
- Absolute Estate: Complete ownership of property or assets.
- Absolute Family Wage: Wage that is sufficient to support a family.
- Absolute Measures: Standard or fixed units of measurement.
- Absolute Monopoly: Complete control over a market or industry.
- Absolute Necessities: Essential goods or services required for survival.
- Absolute Owner: Person or entity with complete ownership or control.
Miscellaneous
- Absorbed Capital: Capital invested in a business or venture.
- Absorbed Labour: Labour that is fully utilized or absorbed.
- Absorbed Liquidity: Liquidity that is fully utilized or absorbed.
- Absorbed Shares: Shares that are fully subscribed or absorbed.
- Absorbing Banking Company: Bank that absorbs or merges with another bank.
- Absorption of a Company: Process of merging or acquiring a company.
- Absorption of Credit: Process of writing off or absorbing debt.
- Absorptive Capacity: Ability to absorb or utilize resources or capital.
- Abstinence Theory of Interest: Theory that explains interest as a reward for abstaining from consumption.
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Description
This quiz covers various terms related to commerce, including finance, investment, and business concepts.
