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Meaning / Definition of
Sales Ledger
Categories: Business and Management, Accounting,
Also known as accounts receivable. A company's record of transactions for goods and/or services which have been provided to a customer, and for which money is still owed.
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Definition / Meaning of
Home Equity
Categories: Credit and Debt, Real Estate, Legal, ,
The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.
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