ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PURCHASE MONEY AGREEMENT Definition
PURCHASE MONEY AGREEMENT is an agreement under which a person pledges the property or item bought as security.
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CAPITAL RECEIPTS is proceeds from the sale of capital assets. They may be used to finance new capital expenditure or repay existing loan debt. Receipts available to finance capital expenditure in future years are normally held in the usable capital receipts reserve.
METICAI (METICAIS) is a currency of Mozambique.