Examlex
A composition is an alternative to formal bankruptcy proceedings in which creditors agree to accept a portion of their original claims.
Cash Refunds
Payments returned to customers for various reasons, such as returns or overcharges.
Bank Deposits
Funds placed into a bank account for safekeeping, which may bear interest over time.
Slow Payments
Delays in the settlement of financial obligations, typically in the context of customers taking longer than agreed to pay their invoices.
Cash Receipts
The collection of cash during a period, including cash received from customers, interest, and other sources.
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