Tooltip Categories: Economics & Finance

logistics

The detailed organization and implementation of a complex operation as the commercial activity of transporting goods to customers. (source: http://oxforddictionaries.com/es/definicion/ingles/logistics)

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logo

A graphic mark or emblem commonly used by commercial enterprises, organizations and even individuals to aid and promote instant public recognition. (source: http://en.wikipedia.org/wiki/Logo)

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loan terms

Requirements and specifics of the loan agreement. (source: http://banking.about.com/od/loans/a/Loan-Term.htm)

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local currency

A local currency – also know as a complementary or community currency – is tender which is officially separate from the government’s currency. It can

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local property tax [LPT]

A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land). (Read

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loan amortization

Repayment of a loan to the lender with interest. Based on the loan’s amount, interest rate, and length, a monthly payment is determined that the

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loan amortization table

Describes the repayment of a loan to the lender with interest. Based on the loan’s amount, interest rate, and length, a monthly payment is determined

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loan application

A document that presents a borrower’s income, debt, and other obligations to determine credit worthiness, as well as some basic information on the target property.

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loan application fee

fee charged to process an application for a loan, such as a home mortgage from a lender or mortgage broker. (source: http://www.investopedia.com/terms/l/loan-application-fee.asp#ixzz26SUCtlH7)

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loan approval

Formal authorization, usually from a bank, to get a loan. .(source: thefreedictionary.com )

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