Credit

Cash Credit vs Overdraft

Cash Credit vs Overdraft
Cash Credit and Overdraft are types of credit that businesses can avail from a bank or similar institutions. The main difference between Cash Credit and Overdraft is that overdraft is extended on an existing...

Prepaid vs Postpaid

Prepaid vs Postpaid
The terms prepaid and postpaid are most commonly used to refer to mobile phone or cell phone connections. The term PRE – paid indicates that it must be paid before using, whereas POST – paid indicated...

Tax Invoice vs Retail Invoice

Tax Invoice vs Retail Invoice
The main difference between the two is that a tax invoice is generated when a company sells a product to distributor or a person who plans on reselling the product. Whereas a retail invoice, is generated when...

Receipt vs Invoice

Receipt vs Invoice
An invoice is basically a bill that lists the goods or services rendered and the cost of those goods or services. A receipt is an acknowledgement that the customer has paid his bill either in full or in part.

Federal Loans vs Private Loans

Federal Loans vs Private Loans
The most basic difference between them is the fact that the federal loans are provided by the government, whereas the private loans are provided by organizations in the private sector, such as private banks,...

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