PRODUCTIVITY Definition

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PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

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HOME EQUITY LOAN is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance a business, major home repairs, medical bills or college education.

EXPECTED ANNUAL CAPACITY is the planned activity levels or output for a given year taking into account efficiency and idle capacity.

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