ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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CONSUMMATE Definition

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CONSUMMATE is to bring to completion or fruition; conclude, e.g., consummate a business transaction.

 

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BALANCE OF PAYMENTS / BALANCE OF TRADE is the difference between a countrys total export dollar value and its total import dollar value, generally or with respect to a particular trading partner. A positive balance means a net inflow of capital, while a negative means capital flows out of the country.

BAISA is the currency of Oman.


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