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Pancakes, Pikelets vs Crumpets   If it is 3 or 4 PM and it is teatime, you have a wide variety of options in front of you, in the form of snacks, especially, if you happen to be a Briton. To make you feel charged up and a bit fuller, there are muffins, pancakes, pikelets, crumpets, etc. at the teatime. People... 
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Pie vs Tart   Tarts and pies are baked dishes that are usually sweet and very yummy to eat because of their filling. There are a lot of similarities in the world of pies and tarts to confuse people though they savor the taste of these baked delights. This article attempts to highlight the differences between... 
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Pinot Gris vs Pinot Grigio   Pinot Gris and Pinot Grigio are the white wines made from the same grape varieties. Made from same grapes, the wines are also almost the same though many people claim to experience differences between these two types of wines. What is called Pinot Gris in France is labeled Pinot... 
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Leeks vs Onions   Onion is one vegetable that is an integral part of kitchens around the world. It is used both as a vegetable and also eaten raw in the form of salad. It has a pungent smell but used in cooking, to add to the flavor and aroma of many different types of food recipes. There are many different... 
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Leeks vs Green Onions   If you have never seen leeks before, you can be forgiven for confusing these plants for green onions. This is because of the similarities between the two plants that both belong to the genus Allium. Green onions are closer to onions in taste and aroma than leeks. There are many other... 
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Pepper vs Capsicum   Pepper and capsicum are vegetables that are eaten all over the world for their distinct taste and aroma. It was Columbus who can be credited with labeling capsicum vegetables as peppers because of their hot and peppery taste. Capsicum belongs to nightshade family while black pepper belongs... 
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Discount Rate vs Interest Rate   Interest rates and discount rates are rates that apply to borrowers and savers who pay or receive interest for savings or loans. Interest rates are determined by the market interest rate and other factors that need to be considered, especially, when lending funds. Discount... 
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Retail Banking vs Corporate Banking   The banking industry is divided into two major banking components known as retail banking and corporate banking. Retail banking includes products and services which are offered to individual customers. Corporate banking services are those products and services that cater... 
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Exempt vs Zero Rated (VAT)   VAT is the value added tax that is charged when selling goods and services. The price of these goods and services include the VAT amount. There are different types of VAT rates that apply to different types of goods and services. There are also certain goods and services on which... 
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Charge vs Mortgage vs Pledge   Charges, mortgages, and pledges are quite similar to one another in that they are all security interests that banks use to provider lender with security over the borrower’s assets. There are, however, a few differences between them in terms of the ownership of the asset when loans... 
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Cash vs Accrual (Accounting)   There are two methods used in accounting to record income and expenses which are known as cash basis accounting and accruals basis accounting. The method of accounting chosen will influence the manner in which transactions and business activities will be recorded in the books... 
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Rebate vs Discount   Discounts and rebates are similar to one another in that they both result in the customer paying a price that is less than the listed price for the product or service. The main difference between the two is the time period in which the price reduction is provided. While discounts will... 
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Aggregate Demand vs Demand   Aggregate demand and demand are concepts that are closely related to one another. Both aggregate demand and demand represent the main differences between the study of macroeconomics and microeconomics. While microeconomics is concerned with the demand for certain individual goods... 
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Merger vs Joint Venture   In the corporate world, the terms merger and joint venture are quite commonly used to describe a scenario in which two companies are joined together to act as one. There may be many reasons for two companies to combine their operations, to form new business venture in which either... 
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Cost Center vs Profit Center   Businesses have a number of operating units that are essential to the smooth running of the business. There are certain operating units that generate revenue for the firm while there are other operating units that result in costs and expenses. Whichever way, both these types... 
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Investment Bank vs Commercial Bank   There are two distinct types of banks called investment banks and commercial banks which perform a set of distinct functions. Commercial banks offer a variety of deposit and lending services while investment banks offer investment management, securities trading, and securities... 
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