Accounts payable: Paying somebody, giving them money
When accounts payable are much higher than reveivable, I loose money.
Accounts receivable: The money that a business is receiving, people owing you money.
I like my accounts receivable to be higher because it makes me more money.
Amoritize: Consolitating your debt, tying your debt together and making only one payment.
When you amoritize your debt, it helps make things more organized and just one payment instead of several.
Economic Index: An index of the economy, what's going on: dow jones.
Whenever I go to buy I stock, I like to know how it is doing on the economic index.
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