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Difference between rate contract and running contract?
A rate contract sets predefined rates for specific goods or services, usually for a specified period of time. On the other hand, a running contract is an agreement that remains in force until either party decides to terminate it. Running contracts typically do not have preset rates and are more flexible in terms of changes to the scope of work.
What is the Difference between interst rate swap and interest rate future?
The simple answer is that an Interest Rate Swap (IRS) is Over The Counter (OTC) while a Futures Contract is Exchange Traded.
Difference between rate constant and specific rate constant?
There is no difference between them they are same rate constant is another name of specific rate constant
Difference Between Contract and Prepaid Verizon Cell Phones?
A contract phone is a phone that you pay a monthly rate for, and have to keep paying for. They're usually cheaper, but with a prepaid phone, you can stop your service at any time without breaking the contract.
What is the difference between mortality rate and death rate?
mortality rate - death rate
Difference between rack rate and nett rate?
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Difference between Spot Exchange Rate and Exchange rate?
An exchange rate, which is also called the foreign-foreign exchange rate, is the rate that currency will be exchanged for another currency and may have a forward contract. The spot exchange rate is the current exchange rate today with immediate delivery and it is also called benchmark rates and outright rates.
What is the difference between speed and rate?
The difference is, speed is how much you are going or using but rate is how much you have been going or using.
What is the difference between yield and coupon rate?
The difference between the coupon rate and the required return of a bond is dependent upon the type of bond. Junk bonds will have the biggest difference between its return and the coupon rate.
What is the difference between fix and variable mortgages?
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
Can some explain to you the difference between an insurance adjustment vs insurance write-off You are a Vision care provider and you want to know the correct approach to imputing the insurance paymen?
In short, an adjustment is the difference between your contract rate with the insurance company and your billed charge for the specific procedure (this assumes that your billed charge is above the contract rate, otherwise there is no adjustment). It is the amount that you are not owed, per your insurance contract. A write-off is the difference between your contract rate with the insurance company and the amount you actually collect (this assumes you collected less than the contract rate, otherwise you will have a refund to send). Essentially, this is money you are allowed to collect per your contract, but did not. This could be a write-off of the patient deductible or money not appealed and therefore 'written off' the books. Some write-offs are intentional, but most are not. While adjustments are not usually quantified, because they are not collectible amounts, it is important for your medical billing service/person to provide you a regular summary of total write-offs. Usually with your monthly report. This will show you how good (or bad) your medical billing provider is.
What is the difference between flat rate and reducing rate in banking?
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