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Term Of The Day - Love Money

 

What Does it Mean?
Seed money or capital given by family or friends to an entrepreneur to start a business. The decision to lend money and the terms of the agreement are usually based on qualitative factors and the relationship between the two parties, rather than on a formulaic risk analysis.

3 Responses”

  1. Education Says:

    How to advance money to a start up for tax purposes?

  2. CPA Network Says:

    How much money can I receive as a gift without paying income tax?

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