BVAL Definition

BVAL is Business Valuator Accredited for Litigation.

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PERSONAL LOAN is a short-term loan that is extended based on the personal integrity of the borrower.

INCOME SMOOTHING refers to measures taken to reduce the probability of income shocks before they occur, and includes strategies like diversifying income sources; making low-risk production and employment choices; building up physical, human, and social assets; and ensuring good financial management.

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