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What color does a base turn litmus paper?
Seasonal
The term seasonal refers to fluctuations in demand, supply, or particular phenomena that recur with similar patterns at certain times of the year.
June 1 Dating
A payment term used in trading where the payment is due on or after June 1st.
3/20, Net 30
A payment term indicating that a 3% discount is available if payment is made within 20 days; otherwise, the full amount is due within 30 days.
Minimizing Cash Holdings
A financial strategy focused on reducing the amount of cash a company or individual keeps on hand, often to boost efficiency or investment returns.
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