ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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BRIDGE LOAN Definition
BRIDGE LOAN (BRIDGING LOAN) is an equity loan secured to solve short-term financing problem.
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MONEY MARKET FUND is a fund that invests in various short-term debt instruments, i.e., commercial paper, negotiable certificates of deposit, bankers acceptances, Treasury bills, etc. Shares seek to maintain a net asset value of $1 but the interest rate changes daily.
PRODUCTION is the creation of value or wealth by producing goods and services.
