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Profit vs Revenue Profit and revenue are two very important concepts that anyone desirous of doing business must understand beforehand. Profit is always financial benefit while revenue is the amount of money generated through business activities before expenditures are subtracted to arrive at profit figure. While there is always revenue involved in a business (through […]
Capital Expenditure vs Revenue Expenditure Expenditures are unavoidable for any company to exist in the competitive market, to expand the business or to find new opportunities to open up beneficial business in those areas, etc. Expenditure is defined as payments of cash or cash equivalent for goods or services, or a charge against available funds […]
Value vs Worth Value and Worth are two words that are often confused when it comes to their usage and meanings. The word ‘value’ is used in the sense of ‘importance’. On the other hand, the word ‘worth’ is used in the sense of ‘the cost of production’ of a particular thing or the ‘greatness’ […]
Expense vs Expenditure There is some difference between expense and expenditure when it comes to their meanings and connotations. However, these two words are often confused. The aim of this article is to remove that confusion from your mind and make you understand the difference between expense and expenditure clearly with the aid of […]
Economic vs Economical Economic and Economical are two words in the English language that should be used with an understanding of the difference between them. This is due to the fact that they convey different senses. The word economic refers to the ‘monetary’ or ‘financial’ situation or condition of a person or a country […]
Price vs Cost Price and Cost are two words that appear alike due to the similarity in their connotations. Strictly speaking there is difference between the two words. Price is the amount of money or goods for which a thing is bought or sold. In other words it can be said that price is the […]
