Business & Finance

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...

Yield vs Interest Rate

Yield vs Interest Rate
A striking difference between a yield and an interest rate is that yield is the profit made on an investment, and an interest rate is the reason behind such a profit.

Training vs Development

Training vs Development
A prominent difference between training and development is that training is concerned with acquisition of new skills, whereas development means adding value to one’s existential skill-set.

Book Value vs Market Value

Book Value vs Market Value
Book value is the price paid for a particular asset; the price never changes so long as one owns the asset. Whereas, the market value is the current price at which one can sell an asset.

Condo vs Apartment

Condo vs Apartment
There are several differences between an apartment and a condo. However, the one main difference between the two is based on ownership; condos are usually purchased on a loan and owned, whereas apartments are...

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