TRADE PAYABLE Definition

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TRADE PAYABLE, also known as an account payable, is an amount owed to a creditor for goods and services received.

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MILLAGE is a rate (as of taxation) expressed in mills per dollar.

ECONOMIC VALUE ADDED (EVA) measures the difference between the return on a company's capital and the cost of that capital. A positive EVA indicates that value has been created for shareholders; a negative EVA signifies value destruction.

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