TANGIBLE
- Something
that is real (in the business, something that can be seen and
evaluated).
TANGIBLE
NET WORTH or
TANGIBLE EQUITY - Net worth less intangible assets.
TERMS OF
SALE - The
conditions concerning payment for a purchase.
TERM LOAN
- A loan
you obtain for a specified length of time (term) to finance the
purchase
of a fixed (or long-term) asset.
TRADE
CREDIT - Credit
a supplier gives to customers by allowing them a certain period in
which
to pay.
TRADE
NAME - The name
under which a business is operated; a distinctive name that identifies
a product or service as being produced or sold by a particular company;
brand name.
TRIAL
BALANCE - A
list of account balances in a ledger, usually showing the account
numbers
and/or names, prepared to prove that the ledger is in balance.
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