Examlex
Which term means a business's net worth?
Time Of Payment
The specific date or schedule agreed upon for payment to be made in a transaction.
Bearer Instrument
A type of negotiable financial instrument that entails payment to whoever holds the document, without requiring the transfer to be recorded, distinguishing it from other securities which are registered to specific owners.
Payable
Refers to an amount of money that is owed by a person or company to a creditor, typically categorized in financial statements as current liabilities.
Possesses
The act of having physical control or ownership of something, indicating a legal relationship between a person and the object being possessed.
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