REVENUE JUSTIFIED Definition

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REVENUE JUSTIFIED is where the revenue realized from a product or service will pay for the cost and expenses of that product or service, i.e. the product or service will pay for itself.

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BANK BASE RATE is the annual interest rate on which British banks calculate lending charges (minimum lending rate).

CONSTRUCTIVE FRAUD is an act, statement, or omission which operates as a fraud, although perhaps it was not intended to be such.

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