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Tip of the Day Set Concrete Goals

Set Concrete Goals - One of the best ways to help you set a budge and live within your means is to set realistic, but concrete, goals for things like...

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Delivery vs. Receipt

Delivery vs. Receipt - The deliverance of securities in the exchange for an authorized signed receipt for the securities. There are two methods used for the delivery of securities. The authorized signed receipt is the first and the one used most often. The second method is the delivery vs. receipt, which is the delivery made and the buyer signing a declaration of receipt. In the case of securities, this is for the receipt taken of the securities and the receipt is the acknowledgement. In future deliveries the securities received noted at the time of delivery. It is the legal transfer of receipt and ownership.

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senior independent living said:

Actually it is something that we call acknowledgement of goods certificate for the receipt. Well it may vary. If we are delivering the goods then this is what it means. But when we are paying then it will take the meaning of acknowledgement of money.

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Definition of the Day Compound Annual Growth Rate (CAGR)

CAGR Term category: Finance/Accounting In 10 words or less: The compounding rate of return over a period. Definition: The compound annual growth rate (CAGR) is the rate at which an investment grows annually to reach a given end value.  It's calculated by the following: CAGR = [(Ending Value/Beginning Value)^(1/# of years)] -1 Advice: CAGR is a...

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