Examlex
The mean of the scores 2, 2, 2, 6 is __________.
Factoring Accounts Receivable
A financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
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.
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