FINANCIAL VIABILITY Definition

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FINANCIAL VIABILITY is the ability of an entity to continue to achieve its operating objectives and fulfill its mission over the long term.

Learn new Accounting Terms

DEMAND NOTE is a note payable on demand from the person who is owed the money.

LIABILITY, in accounting, is a loan, expense, or any other form of claim on the assets of an entity that must be paid or otherwise honored by that entity.

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