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• Termscompared -

  The house owner hired an estate agent to appraise the value of his home. He was shocked when the agent apprised him that due to COVID crisis the value of his estate had fallen. The words ‘appraise’ an...

• Capacity vs capability - definitions, meanings, differences | Termscompared

  Capacity and capability stand out as two broad terms that are often confused for their very similar meanings. Both the words are often interchangeably used in similar contexts; however, the meaning of...

• Hiring vs recruitment - definitions, meanings, differences |Termscompared

  Growing companies are continuously seeking to employ new and more efficient members in their workforce to cater the needs of expanding business. The terms hiring and recruitment refer to the two appro...

• Bills receivable vs accounts receivable - definitions, meanings, differences | Termscompared

  In commercial transactions, it is often seen that sales and delivery of goods takes place on a certain date whereas payment for the same may take place at a subsequent date. This is because the seller...

• Growth vs development - definitions, meanings, differences | Termscompared

  All successful organizations go through a process of growth and development. Although used interchangeably, the terms growth and development have different implications. The term “growth” is generally...

• Third party vs related party transactions - definitions, explanations, differences | Termscompared

  Business transactions are at the very core of the operations of any business. Every business undertakes exchange of goods, services or money at all stages of its operations. The fundamental aspect of ...