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The term for a fee paid for the use of another person's money is "interest." This payment is typically expressed as a percentage of the principal amount borrowed and compensates the lender for the risk and opportunity cost of lending their funds. Interest can be applied to various financial transactions, including loans and credit.
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What term describes any company or person who owes money to the business?
The term that describes any company or person who owes money to a business is "debtor." Debtors may include individuals, businesses, or entities that have received goods, services, or money from the business but have not yet paid for them. In accounting, these amounts are typically recorded as accounts receivable on the company's balance sheet.
What is the term for money that is left over after all taxes are paid?
your net pay
What term refers to money paid to corporate investors in return for their investment?
The term that refers to money paid to corporate investors in return for their investment is "dividend." Dividends are typically distributed from a corporation’s profits and can be paid in cash or additional shares of stock. They represent a portion of the earnings that companies choose to share with their shareholders as a reward for their investment.
What is meant by the term financial resources?
The term financial resources means the money (cash, cash equivalents, and credit) and other valuable property that you own that you can use to do things that require money be paid.
What is a money summary format?
There is no information to be found specifically for the term money summary format. Perhaps The writer meant another term or phrase.
What is the general term for money paid by one level of government to another is?
Grant-in-Aid
What is a person who owes money to another person called?
A person who owes money to another person is called a debtor. This term refers to anyone who has borrowed money or is obligated to repay a financial obligation. In contrast, the person or entity to whom the money is owed is called a creditor.
What is the name of a person who collects money on the street for charity?
In the US, they are called "solicitors" (which can mean lawyers in the UK and Canada).The urban slang term for paid or phony solicitors is "chuggers."The related term for a person begging for money is a panhandler.
What is the amount of money paid or earned for the use of money?
Interest is earned or paid for the use of money
What is another term for mute person?
Another term for a mute person is a nonverbal person or a speechless person.
Is money paid as interest a investing cash flow?
Interest paid is an operating activity if paid on short term borrowing or long term borrowing and not investing activity
What term describes any company or person who owes money to the business?
The term that describes any company or person who owes money to a business is "debtor." Debtors may include individuals, businesses, or entities that have received goods, services, or money from the business but have not yet paid for them. In accounting, these amounts are typically recorded as accounts receivable on the company's balance sheet.
You were on Short term disability and paid by CIGNA. Will you receive a 1099 form for the money you were paid?
will I receive a 1099 form
Money Bags is a term used as a nickname for some people to denote what?
"Money Bags" is a term used as a nickname for some people to denote a wealthy person. "Money bags" is a term for saying a person has a bunch of money.
What is the term for Money left to spend after necessary expenses are paid?
Discretionary Income
What term means a sum of money paid to recruits for sighning up?
Bounty
What is the term for money that is left over after all taxes are paid?
your net pay
