1
The value of any asset can be said to depreciate when it loses some of that value in increments over time.
2
This is a percentage of the principal amount charged by the lender for the use of its money.
3
A method of accounting that involves the timely recording of all financial transactions for the business.
4
Refers to the amount of operating cash that is available for the business liquidity.
5
the overall wealth of a business as demonstrated by its cash accounts, assets, and investments.
6
Anything that has value.
