Definition of Advances from municipality

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TeachMeFinance.com - explain Advances from municipality



Advances from municipality

The amount of loans and advances made by the municipality or its other departments to the utility department when such loans and advances are subject to repayment but not subject to current settlement.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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