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Collection Time
The average period a company takes to collect payments owed by its customers.
Lockbox Fee
A charge by banks for the service of collecting payments through a secured post office box and processing them for the account holder.
Money Market Securities
Short-term financial instruments, typically with high liquidity and very low risk, used by individuals and corporations to manage cash.
Average Daily Cost
The average cost incurred by a business or an individual on a daily basis.
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