Examlex
Basic growth tendencies are genetically wired into humans.This is referred to as
Going Concern
An accounting principle where it's assumed that a company will continue in business for the foreseeable future without the need to cease operations or liquidate assets.
Pledged Assets
Assets that are pledged as security or collateral for a loan or obligation, ensuring the lender has a claim to the asset in case of default.
Accounts Payable
Short-term obligations or debts a company owes to its suppliers or creditors.
Note Payable
A written promise to pay a specific amount of money, often bearing interest, at a future date or on demand.
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