Deficit

Definition:

Financial shortage that occurs when liabilities exceed assets.

Related terms:

Qualified opinion

Useful articles:

»	Five Ways To Sabotage Your Business
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Cost Spreading

This is a cost spreading calculator that can be used to spread the estimated cost of up to 8 years.

Savings Estimator

Remember on payday to pay yourself first, you might need it sometime in the future.

Balance Sheet

This calculator is designed as a quick ready reckoner for Balance Sheet calculations

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Term: Accounting -> Deficit