Service: Difference between revisions
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imported>Doug Williamson (Update for intermediate & servitisation issues.) |
imported>Doug Williamson (Classify page.) |
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1. | 1. ''Debt.'' | ||
''Debt.'' | |||
To make payments of interest and principal on a borrowing as they fall due. | To make payments of interest and principal on a borrowing as they fall due. | ||
2. | 2. ''Pensions.'' | ||
''Pensions.'' | |||
A period of employment by an employee with an employer which counts towards pension benefit accrual. | A period of employment by an employee with an employer which counts towards pension benefit accrual. | ||
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* [[Service agreement]] | * [[Service agreement]] | ||
* [[Servitisation]] | * [[Servitisation]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Long_term_funding]] |
Revision as of 09:09, 2 July 2022
1. Debt.
To make payments of interest and principal on a borrowing as they fall due.
2. Pensions.
A period of employment by an employee with an employer which counts towards pension benefit accrual.
3.
A valuable economic activity which is not physical goods.
In practice, the distinction between goods and services may not always be clear cut.