Liquidated Damages vs Penalty These days it has become common to includ terms like liquidated damages and penalty in contracts beforehand to avoid possible losses in case of breach of contract by a party. Though, payment of a sum of money may be stipulated in a contract, the payment of money is actually decided by […]
Difference Between Liquidated Damages and Damages
Liquidated Damages vs Damages Damages and liquidated damages are legal terms that are often encountered when signing a contract with another party, irrespective of profession. Damages are sums of money that are mentioned in the contract, and are required to be paid to the victim in case of breach of contract by another party. A […]
Difference Between Credit Card and ISIS Mobile Wallet
Credit Card vs ISIS Mobile Wallet | Master Card vs ISIS Mobile Wallet | VISA Card vs ISIS Mobile Wallet | AMEX vs ISIS Mobile Wallet Credit Card Payment Systems were introduced in the Global Market for a couple of reasons. Some of the advantages of credit cards are: first you can get some credit […]
Difference Between ISO 17025 and ISO 9001
ISO 17025 vs ISO 9001 ISO means International organization for standardization. ISO 17025 is for laboratory accreditation. ISO 9001 is for quality management systems, for organization needs. ISO 17025 assess the competence of a conformity assessment body (CAB). A CAB means a laboratory. This is a tool to demonstrate the true underlying quality of the […]
Difference Between Career and Occupation
The key difference between career and occupation is that the career is an occupation undertaken for a significant period of one’s life and with opportunities for progress whereas occupation is a person’s principal work or business, specifically as a means of earning a living. Career and occupation are two very closely related concepts that confuse many […]
Difference Between Career and Job
Career vs Job The words career and job are so common that we hardly pay attention to the differences between them. We speak of them as if they are interchangeable and in fact synonyms, whereas the fact is that career is different and distinct from the job that you may be doing at present. […]
Difference Between Packing and Packaging
Packing vs Packaging Though the words packing and packaging are used indiscriminately by people who think they are same, they are not synonyms and cannot be used interchangeably. Packaging refers to the way products are kept inside a carton or any other box either individually or in sets using wrapping material to protect products from […]
Difference Between Business and Company
Business vs Company Though the terms business and company are used invariably in many places, there is some difference between them. This difference has to be understood carefully. If you are engaged in an activity that earns you money on a continuous basis, you are said to be doing a business. Whether you are […]
Difference Between Loan and Borrow
Loan vs Borrow Loan and Borrow are two words that are often confused due to some sort of similarity in their meanings. Strictly speaking there is indeed some difference between the two words. The word ‘borrow’ is used with the inner sense of ‘take’, whereas the word ‘loan’ is used with the inner sense of […]
Difference Between Liberalism and Neoliberalism
Liberalism vs Neoliberalism To know the differences between liberalism and neoliberalism, we got to understand liberalism first. The addition of the prefix neo just means new to appease those who are not satisfied with the results of earlier socio-political ideology. Liberalism is not an event but a process that is set in motion by policy […]
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