ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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COMMERCIAL LOAN Definition

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COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.

 

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DETAIL, in accounting, is extended treatment of particulars of an accounting entry e.g., the from or to, date, amounts, purposes, balances, and, if needed, comments.

OPPORTUNITY LOSS see OPPORTUNITY COST.


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