LLCR Definition

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LLCR is Loan Life Coverage Ratio.

Learn new Accounting Terms

DEFICIT BUDGET is where the estimates of expenses are greater than estimates of revenue.

DISCRETIONARY FIXED COST normally has a budgetary life of under one year, i.e. the cost arises from annual budgetary decisions by management in specific fixed cost areas, e.g. R&D or Marketing.

 

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