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Tag: income

Articles tagged as Income

Banks and Money

Posted on November 21, 2022 by Nestor Villamil
The basic functions of banking are:The assortment of funds from the general public.The safeguarding of these funds.The transfer of these funds in one person to some other without their leaving the lender (that is done through cheques or automatic transfer through the bank operating system, or via the web etc)The lending of this money to other parties for a return or reward called interest.Loans created by a bank derive from the quantity of funds held by the lender anytime, after considering sums that must definitely be held in reserve in the event the owners of the funds require them every once in awhile...

What Is Cash Flow?

Posted on March 13, 2021 by Nestor Villamil
Cash flow simply means the amount of money that makes and leaves a small business or household.Money flows right into a business by means of revenues and out through the proper execution of expenses.Money flows right into a household in lots of forms.Are you currently receiving money from the structured settlement or lottery? Those are incoming cash flows.Can you owe money to anyone? Those are outgoing cash flows...