Examlex
When Alicia went to talk to a cleaning service about having the carpets in her apartment shampooed,she was told that if she would rent the service's equipment and do it herself,it would cost her 50 percent less and be done much sooner because the service's personnel were booked solid for the next two weeks.The cleaning service is:
Profits
The financial gain obtained when the revenue from business activities exceeds the expenses, taxes, and costs of operation.
Insolvent
A financial state in which an individual or entity cannot meet its debt obligations as they come due, or its liabilities exceed its assets.
Debt Payment
The act of paying back the principal and interest on borrowed money, typically according to a predetermined schedule.
Risk
The potential for losing something of value or the possibility of an adverse outcome.
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