Examlex
When psychologists insist that "the rat is always right," they are emphasizing the scientific attitude of
Level of Operations
Refers to the scale of production or business activity, indicating the degree to which a company utilizes its resources.
Factoring
Factoring is a financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount, to raise immediate capital.
Accounts Receivable
Money owed to a company by its customers for products or services delivered but not yet paid for.
Without Recourse
A term indicating that the seller of an asset is not responsible for the buyer's losses if the asset fails to perform as expected.
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