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With regard to screening new venture opportunities,why is time the ultimate ally and enemy of the entrepreneur?
Loans
Money lent to individuals, businesses, or other entities with the expectation of repayment with interest.
Equal Instalment Loans
Loans that are paid back in equal periodic payments, typically including both principal and interest components.
Interest Portion
The part of a payment that covers the interest or cost of borrowing, as distinguished from principal or repayment of the borrowed amount.
Principal Reduction
The act of paying down the outstanding balance of a loan, not including interest, to reduce the principal amount owed.
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