Interested to Buy Any Domain ? << Click Here >> for more details...
What is the difference between Loan and Advance?
- 16 Answers
- 154782 Views
- Banking, Syndicate Bank, I also Faced
- E-Mail Answers
Answer Posted / rahi
A Loan and Advance may be defined as money lent at interest or on profit. It is nothing but temporary parting with one's [an individual or an institution] resources in order to augment the purchasing power of the receiver of such facility with a promise to return the same with interest profit or otherwise as mutually agreed upon.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what do you mean by Firm
What is the difference between personal account real account and nominal account?
Can you differentiate public and private accounting?
Does the accounting system appear to facilitate one specialty from financial, auditing, or cost managerial or tax accounting over the others?
What is fitting and fixtures?
1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure
what is difference among credit, loan, advance
my question is I am finance student I want to know which type of the question are asked by the interwier in interview.
What is royalty reserve?
what is profit maximisation
what is the primary of for-profit organisation
Tell me what is “deposit in transit”?
what is the defination of mat n calculation of mat... with example this is applicable in company or firm, pl. discribe me.....thanx ashok
SHADOW BALANCE SHEET
Spinoff,Spelloff
