Examlex
_____________ can be thought of as dividing the circuit horizontally.
Restricted Fund
Funds that are earmarked for a specific purpose by the donor or governing body and cannot be used for general expenses.
Capital Fund
A reserve of capital that can be used for investment, growth, or to cover future liabilities or expenditures.
General Fund
The primary operating fund of a government, covering most common services.
Amortization
The gradual reduction of the cost of an intangible asset over its useful life or the process of spreading loan payments across multiple periods.
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