A revolving fund is continuously replenished as funds are withdrawn. A refund is a complete repayment, or payback, of a certain amount of money.
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
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The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
future value of an annuity is a reciprocal of a sinking fund
super rad for life or State Revolving Fund Loan.
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.
A revolving fund model is a financial mechanism where initial capital is used repeatedly as loans or investments are repaid and recycled for additional projects. The benefits include sustainability, as the fund continues to benefit recipients over time without requiring additional outside funding. It can also promote self-sufficiency, as it empowers recipients to invest and reinvest in their own projects, fostering economic growth and development.
sources of fund means from where the capital we are getting & source of fund means how we can get the capital.
The difference between owner's funds and borrowed funds is just that. One is owned, and the other must be paid back.