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Interest Rate
The expense allocated by a creditor to a debtor for the opportunity to use capital, quantified as a proportion of the principal.
Government Budget
The financial plan of a government for a defined period, usually a year, detailing its projected revenues and expenditures.
Investment Tax Credit
A tax incentive that allows businesses to deduct a certain percentage of their investment in certain assets from their tax liability.
Deficit to Surplus
The process of turning a budget deficit into a surplus by increasing revenues, decreasing expenditures, or a combination of both.
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