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Question
Complete the sentence.
The obligatory payment made by company to its creditors is called as ______.
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Solution
The obligatory payment made by company to its creditors is called as interest.
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RELATED QUESTIONS
______ is a return paid to creditors by the company.
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Interest is paid to shareholders of company.
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Interest ____________.
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____________ Final Dividend.
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Answer in one sentence.
What is Interest?
Correct the underlined word and rewrite the following sentence.
Interest is paid to shareholders.
Correct the underlined word and rewrite the following sentence:
Dividend is an obligation to be paid by a company every year.
Explain the following term/concept.
Interest
Explain the features of Interest.
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Interest is a liability/obligation of the company.
Answer the following question.
What is Interest? Explain its features.
What do you mean by interest?
