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1. ''Debt.''  
1. ''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. ''Pensions.''  
 
2. ''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.
3.
A valuable social or economic activity which is not physical goods.
In practice, the distinction between some goods and services may not always be clear cut.


== See also ==
== See also ==
* [[Accrued benefits]]
* [[Active]]
* [[Current service cost]]
* [[Debt]]
* [[Goods]]
* [[Pensionable service]]
* [[Pensionable service]]
* [[Service agreement]]
* [[Services]]
* [[Servitisation]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]

Latest revision as of 15:01, 22 June 2023

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 social or economic activity which is not physical goods.

In practice, the distinction between some goods and services may not always be clear cut.


See also