Examlex
A good data definition is always accompanied by diagrams, such as the entity-relationship diagram.
Payee
The party in a financial transaction who receives payment.
Liquidation Value
The estimated total value of a company's assets if it were to be liquidated immediately.
Aging Method
An accounting technique used to estimate the amount of uncollectable accounts receivable by categorizing outstanding invoices based on the length of time they have been due.
Dishonored
Refers to a financial instrument, such as a check or promissory note, that is not accepted or paid at maturity due to insufficient funds or other reasons.
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