A privately issued certificate, receipt, or note such as an IOU note or credit voucher that allows its holder to...
A company that is still going on even though it is financially unable to remain in business for long. In...
A collaborative meeting that is held by a business entity (e.g., banks, firms, etc.) or non-business entity (e.g. public sector...
A cost that is actually borne by a business rather than passed on to its customers. Therefore, it is typically...
A sale transaction where the goods are shipped and delivered, while payment is deferred for a future date, which is...
The use of inventory as collateral to raise finance in lieu of traditional types of collateral such as land or...
A business strategy that aims at gaining a practical monopoly in a niche (i.e., a small or specialized area). A...
The day following Thanksgiving Day in the United States which marks the beginning of the Christmas shopping season. On this...
A technology, product or service that is so new or ahead of its time that it may end up failing...
In relation to accounts receivable (A/Rs) financing, it is a method to identify delinquent business accounts. This rule entails that...