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Financial Terms

Bad Debt

Bad debt is when a company acknowledges that it is unable to recover the money owed to them by a customer. This occurs when the customer is incapable of repaying the amount borrowed. It is a distressing situation that organizations encounter, as they anticipated receiving the payment. Despite efforts to collect the debt, it becomes clear that the customer is unable to meet their financial obligation. This unfortunate circumstance often necessitates companies to write off the debt as a loss.

Equilibrium Price

Equilibrium, in the context of economics, can be understood as the delicate balance between supply and demand. It is the point at which the quantity of goods that consumers ...

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Global Indices

In the world of finance, we often refer to benchmarks as the standard by which we measure the performance of a market. They provide us with a way to evaluate the strengths a...

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Fiscal Deficit

In the realm of finance, the fiscal deficit refers to the discrepancy between a government's overall income and its total expenses. This gap highlights the amount of money t...

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Lead Manager

Lead Managers are crucial players in the world of finance, as they are the ones responsible for managing the initial public offering (IPO) process on behalf of companies. Th...

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