Tooltip Categories: Economics & Finance

incentivize savings

The tax deduction promoted by governments in its economic policies to encourage household savings such as pension plans.

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inclusive business

The term inclusive business refers to profitable core business activity that also tangibly expands opportunities for the poor and disadvantaged in developing countries. Such business

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inclusive finance

Inclusive finance, which includes but is not limited to microfinance, focuses on expanding access to affordable and responsible financial products and services to those traditionally

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income

The flow of cash or cash-equivalents received from work (wage or salary), capital (interest or profit), or land (rent). (source: http://www.businessdictionary.com/definition/income.html#ixzz2TpgIefkB)

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income statement

A financial statement that measures a company’s financial performance over a specific accounting period. Financial performance is assessed by giving a summary of how the

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incorporated company

An enterprise that has gone through the formal legal process of becoming a corporation. (source: http://www.businessdictionary.com/definition/incorporated-business.html#ixzz2Ykk5of85)

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implicit agreement

Agreement implied or understood though not directly expressed. (source: http://www.thefreedictionary.com/implicit)

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impulse purchase

Unplanned decision to buy a product or service, made just before a purchase triggered by seeing the product or upon exposure to a well crafted

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in the red

In the debt. From the practise of using red ink to denote debt or losses on financial balance sheets. Likewise, in the black for businesses

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