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What is meant by the balance of trade?

The one says the balance of trade, what is meant by that is the outgoing product compared to your incoming product, to be evenly balanced would mean no profit. You want your balance of trade to be more incoming money than outgoing product.


Difference between not for profit and non profit?

No difference.


How do banks earn profit from lending money to their customers?

The customer pays the bank interest on the loan. The bank pays some of this interest to its depositors. The difference between incoming interest and outgoing interest (minus operating costs) is the bank's profit. With most loans charging more than 10% interest and most deposit accounts paying less than 0.5% interest, the bank can make loads of profit!


What is the difference between non profit hospitals and for profit hospitals?

What is difference between trust run and for-profit hospitals


What is the difference between not-for-profit and non-profit?

No difference. They mean the same thing.


What is the difference between not-profit and non-profit?

No difference. They mean the same thing.


What is the difference between non-profit and not-for-profit?

There is not difference; they mean the same thing.


How do banks earn money from lending money to their customers?

The customer pays the bank interest on the loan. The bank pays some of this interest to its depositors. The difference between incoming interest and outgoing interest (minus operating costs) is the bank's profit. With most loans charging more than 10% interest and most deposit accounts paying less than 0.5% interest, the bank can make loads of profit!


What is the difference between dividend and profit share?

difrent between profit and divident


In accounting profit is the difference between what?

difference between revenue and costs


What is the difference between profit making accounting and not for profit making accounting?

The difference between profit making accounting and not for profit making accounting is, that question should answer itself! 8^0


What are the differences between a nonprofit and a not-for-profit?

No difference.