Examlex
-The figure above shows an economyʹs Phillips curves. Currently, the inflation rate is 6 percent a year. If inflation expectations remain unchanged, the current unemployment rate is___________ .
Without Recourse
A financial term indicating that the seller of an asset is not liable if the underlying assets fail to perform as expected.
Maturity Factoring
A form of financing where a business sells its invoices to a factor at a discount for immediate cash, with the collection of funds from customers handled by the factor upon maturity.
Cash Conversion Cycle
A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
Payables Deferral Period
The amount of time a company takes to pay off its suppliers after receiving goods or services, affecting its cash flow.
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