0
When you set aside the money you have today in order to purchase goods and services later on you are using money as a?
Wiki User
∙ 10y ago
Savings. Savings is also known as deferred expenditure.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is industrial market?
industrial market this are the organizations (business or nonbusiness) that require goods and services which are used in the production of goods or services thay they later sell or distribute at a profit or to satisfy an objective. industrial market this are the organizations (business or nonbusiness) that require goods and services which are used in the production of goods or services thay they later sell or distribute at a profit or to satisfy an objective.
What is the transfer of money goods and services to a buyer with the understanding that payment will come at a later time?
This transfer of goods and services with the understanding of payment later can be one of these three things...Credit, Loan, and sometimes barter depending on the original agreement.
What is credit purchase?
purchase of goods against an agreement to pay amount on future determine time period
What do you call an arrangement of receiving money or goods or services now in exchange for the promise of payment later?
credit
What do you call an arrangement of receiving money goods or services now in exchange for the promise of payment later?
credit
What is a person who lends money or the use of goods and services for payment at a later date?
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
Why money is important in life?
we use money to exchange for goods and services! before that we would barter and exchange goods and services - the main difference between the two is that with money i can swap my apples that would rot for money that doesn't and save that money for later ( when my apples would have rotted) and exchange my money for other (food) goods or services! it's a no perishable way of saving and accumulating wealth against other goods or services!
To set something aside for later use?
How about "postpone"?
What does the phrase put aside mean?
Save for later;
Is there any history of the word Business?
Business, an economic concept is as old as man himself started right from the inception, at the period where goods are exchanged for goods and services for services(Barter).This later developed into the period where representative money(gold-smith receipts used as a means of exchange)before d inception of money to aide business.
What does sale on account mean?
A sale "on account" would usually refer to a transaction where goods or services are transferred (sold) to a customer (buyer) on credit terms (to be paid for later at a specific time).
Can you rescind on purchase of vehicle days later?
can you rescind on purchase of a vehicle days later in California
