1. A departure from what is normal or accepted as right. 2. A departure from rational thought or behavior. From the Latin, aberrare, to wander from; Latin, ab, away, errare, to wander. It means basically to err, to make mistakes, or more specifically to have fixed ideas which are not true.
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The language of money, investing and business is the language of accounting, which is the systematic and comprehensive recording of financial transactions pertaining to a person, partnership or business. It includes the process of summarizing, analyzing and reporting these transactions to the persons managing the finances, as well as government and tax agencies. Accounting is one of the key functions of business and depending on the size and volume of transactions, it may be handled by a bookkeeper, accountant or teams of bookkeepers and accountants.
1. The difference between the price of a product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways. 2. The extra features of a product, service, or person that go beyond the standard expectations and provide something more, even if the cost is higher to the client or purchaser. Value-added features give companies a competitive edge and allow them to charge higher prices than their competitors.
1. A natural attraction to a person or liking for something or someone. 2. A mutual attraction. 3. The degree of liking or affection; the feeling of love or liking for something or someone. 4. A willingness to share the same space or a desire to be close to something or someone.