For the Week ending 10/22/10
Directions: Choose the word that matches with the definition and appropriately fits into the blank space in the sentence.
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entering in books items of income or expense that have been earned or incurred but not yet received or paid; such an item of income or expense
For this protection to apply no further funding or _______ of benefits can exist beyond 5 April 2006. |
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to pay off (as a mortgage) gradually; usually by periodic payments of principal and interest
A loan payoff schedule will _______ decreasing levels of interest offset by increasing levels payment applied to principal. |
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the money value of a property or of an interest in a property in excess of claims or liens against it
As you pay off your mortgage, you increase your _______ in your house. |
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of or relating to financial matters; of or relating to taxation, public revenues, or public debt
_______ incentive relates to profit motive. |
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ease with which assets can be converted to cash
Stock loans are used to enhance _______ in the financial markets. |