Examlex
Which of the following steps in the budgetary authority process occurs when Congress passes a spending bill which is signed by the President?
Outside Funds
Capital sourced from external investors or institutions, outside of the company’s existing financial resources, used for expansion, operations, or investment.
Debt
Money that is owed or due to be paid to someone else, often resulting from loans or credit.
Equity
Equity represents the value of an owner's interest in a property or business, after deducting liabilities.
Compensating Balance
A minimum bank account balance that a borrower agrees to maintain with a lender as part of the terms of a loan.
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