INDUCEMENT Definition

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INDUCEMENT is a reward for a specific behavior, designed to encourage that behavior; also called incentive. To provide the first months rent free would be a "lease inducement".

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INVESTMENT TURNOVER is a profitability measure used to calculate the number of times per year an investment or assets revolve.

ACCOUNT GROUP, in accounting, is a designation of a group of accounts of like type (for example: accounts receivable and fixed assets).

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