ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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OPTIMISM Definition

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OPTIMISM is a general disposition to expect the best in all things.

 

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DEVOLVE is to pass on or delegate to another, e.g. a devolved letter of credit.

CAPITAL, in economics, can mean: factories, machines, and other man-made inputs into a production process. In finance, capital is money and other property of a corporation or other enterprise used in transacting the business.


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