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Latest “What is a Customer Service Coordinator? (with pictures)”

The Customer Service Coordinator is the primary support agent for the Customer Service Line Representative. He or she is responsible for resolving problems, overcoming conflicts with customers and employees, and providing excellent customer service. This job is typically found in retail stores and businesses that sell directly to customers. People who enjoy working with a …

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Latest “What is Fungibility?”

Substitutability refers to the extent to which components of a process or product can be replaced with similar components without reducing the value of the process or product. Often used as a term to describe commodities, fungibility can also be used in a sociological context to contrast mental accounting patterns seen in behavioral finance research. …

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Latest “What is Overcollateralization?”

Overcollateralization is a type of credit enhancement in which companies take steps to obtain better credit ratings from rating agencies by improving the financial condition that supports secured transactions. In the case of overcollateralization, the entity guarantees the loan with more assets than the loan, thus limiting the credit risk of the lenders and increasing …

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Latest “What is a Rollover Loan? (with pictures)”

Rollover loans are essentially loans that are rolled over on a specific date specified in the loan agreement. There are different types of flips, all different from each other except for the main idea of ‚Äč‚Äčthis update. The most common types include payday loans, rollover IRAs or other retirement savings loans, and rollover mortgages. Another …

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Latest “What are the Different Tax Deductions for Volunteer Work?”

Although the IRS allows certain tax deductions for volunteering in the United States, people cannot really deduct the value of their time. Individuals may deduct certain other expenses such as: automobile or mileage expenses, travel expenses, purchase and cleaning of required uniforms, and expenses related to the care of a child chosen by the child. …

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Latest “What Is a Corporate Finance Advisory? (with picture)”

When business leaders contemplate important financial events, these professionals often do not act alone. Investment banks offer corporate finance advisory services to facilitate large transactions in the capital markets. Some of these advisory services may be related to mergers and acquisitions, raising capital, or forming a new company through an initial public offering (IPO). Bankers …

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Latest “What Is Domestic Financial Management?”

National financial management may include the financial operations of a government or a company in the country of origin. The term is also used to control household finances. The intended meaning is usually clear from the context of the term. Accountants, political scientists, and members of the financial industry may use the term in both …

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