a compulsory payment made by households , consumers and businesses to the stae to help meet the expenses of running the counrty
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15
define investing
using our money to earn a greater return than is possibe from an ordinary savings acccount
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15
what does CWO mean
cash with order
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15
define insurance
a written promise by an insurance company to pay money to a person who has suffered a loss or injury
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15
what does COD stand for
cash on delivery
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15
whats trial balance
a list of balances brought down from all the ledger accounts and analysed cash book
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15
definition of enterprising
people who show initiative by taken on a new and possibly risky task or who come up with new and better ways of doing something
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seesaw
Swap points!
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shark
Other team loses 20 points!
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fairy
Take points!
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lifesaver
Give 10 points!
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15
whats demand curve
a graph that shows the relationship between the price of goods and services and the quantity of those good and services that consumers will purchase at that pri
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eraser
Reset score!
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star
Double points!
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fairy
Take points!
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banana
Go to last place!
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15
what is security when talking about loans
anything of value that a lender will accept in exchange for a loan
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seesaw
Swap points!
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star
Double points!
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shark
Other team loses 25 points!
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baam
Lose 25 points!
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what is budgeting
the process of matching your expected income with your expected expenditure for a particular period