Independent contractor

Definition:

A person who is hired by a company, but works for himself/herself. The company is a client, rather than an employer.

Related terms:

Days Sales Outstanding

Useful articles:

»	Selling to the Four Temperament Styles
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»	Effective Sales Letters
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Borrowing power

Estimate how much borrowing you may be able to do monthly with the Borrowing Power Calculator

Adjusted Cost

Computes the average cost base (or cost per share) for a series of stock or mutual fund purchases.

Loan reduction

It will help you work out how quickly you can pay off a loan if you increase your monthly repayments

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