Insurance

LC vs SBLC

LC vs SBLC
The ‘Letter of Credit’ and the ‘StandBy Letter of Credit’ are two legal bank documents that are used by international traders. Both these letters are used to ensure the financial safety between the supplier...

Authority vs Accountability

Authority vs Accountability
In business functions, Authority and Accountability are the roles, which work hand-in-hand. The ‘authority’ is the right or power assigned to an individual, whereas ‘accountability’ is the ability to handle...

HMO vs PPO

HMO vs PPO
HMO has a rigid plan that includes electing a primary care physician who will take care of the medical needs of the insured. PPO has a more flexible plan that allows the patients to visit doctors that are not...

SENSEX vs Nifty

SENSEX vs Nifty
SENSEX is the stock market index for BSE Limited, previously known as the Bombay Stock Exchange. SENSEX Index is comprised of 30 of the largest and most actively-traded stocks on the BSE. Nifty is the stock...

Medicaid vs Medicare

Medicaid vs Medicare
A person can be entitled to both the services; as both cover various aspects of healthcare. The detailed information can be obtained from the U.S. Government’s official website for Medicaid and Medicare. Thus...

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