What is the Difference Between Similar But Different Things, Terms, and Objects

What is the Difference between Proprietorship, Corporation and Partnership

There are many kinds of businesses, but some common terms are used for every kind of business. Generally, people use them interchangeably, but actually they are different.

What is the Difference between Realtor Dealer Trader Lender Broker and Agent

In daily business matters, we see involvement of different people like realtor, dealer, trader, lender, broker and agent. In routine life, people feel much confusion about the exact nature of work, related to these particular individuals. 

Buying and selling of properties is one of the leading businesses in all over the world. However, when we get involved in such type of trade, we realize that it is not as simple as looks from outside. There are many technical terms involved in property business.

What is the Difference between Bookkeeping Economics Accounting and Finance

In every type of business, we usually heard these terms like Bookkeeping Economics Accounting and Finance. Due to their frequent and interchangeably use, it seems that there is no any wide difference between these commonly using terminologies. However, it is not.

What is the Difference between Assessment Appraisal Evaluation and Auditing

Accounting is not only mandatory, but highly useful branch of study for every type of business. Without accounting, we cannot imagine the calculation of cost and analysis at all. in the field of accounting, a large number of technical terms are used like Assessment Appraisal Evaluation and Auditing. 

What is the Difference between Equity, Debt and Deficit

Financial terms are normally much confusing for an ordinary person especially who do not belong to economics field. Equity, debt and deficit are such financial terms that are no doubt, very common in our daily life. However, there are only a limited number of persons, who know exactly the meaning of these different terms.

What is the Difference between Surety, Ditch, Bail and Bond

Financial matters are really complicated and in practical life one should have complete information about the basic terms. Surety, Ditch, Bail and Bond are few commonly used terms in financial world.

What is the Difference between Quality Assurance and Quality Control

Quality assurance and quality control are relatively new terms in the business. 2 or 3 decades ago, these terms were not known as much as in today’s business world. These terms are used interchangeably considering them referring to the same thing.

What is the Difference between National Income and Personal Income

Income adds value to the living standard of people. As much as one earns, his life style moves upwards. Income or the output resulted from the input of production units, defines not only the value of some one’s personal living but also an aggregate value of living in a country. This then becomes the national income.

What is the Difference between Debit and Credit Card

Money was once the “metal coins” and then “paper” and with the passage of time it become virtual. Virtual means that there is now a convenience of not carrying cash during travel or when you are on shopping or when you make heavy monetary transactions or deals.  This became possible when the banks introduced the credit and debit cards for their customers.

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