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money and financial problems

Law about consumer financial problems

in-kind income

In-kind income is defined as any income other than money or cash. It can be in any form either in the form of benefits received by an employer or the government. Usually this term is used for the benefits received from the government  for basic needs such as shelter, utilities, food, or clothing.

in-kind support and maintenance (ISM)

In-kind support and maintenance (ISM) is an unearned income which is attributable to an SSI recipient in the form of shelter or food. It may be provided by a family member within the same household or by anyone outside of the household.

income statement

The income statement (statement of income, statement of earnings, statement of operations, statement of comprehensive income) reports the accountant’s primary measure of performance of a business, revenues less expenses during the accounting period. The income statement includes three elements:

inherent authority

Inherent authority refers to an agent's power to act on behalf of a principal, even though that power has not been specifically or implicitly granted by the principal. This type of authority arises only in situations where it is necessary for the agent to fulfill the actual authority that has been granted by the principal. 

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