Examlex
What term do we use for a company arranging payments to suppliers and distributors to provide needed services and materials in order to perform those processes the organization does not perform itself?
Present Value
The value today of a future cash amount or series of payments, based on a particular rate of return.
Fair Value
The value received from selling an asset or the expense of transferring a liability in a regulated transaction among market players on the date of evaluation.
Sale of Receivables without Recourse
A financial transaction where a business sells its accounts receivable to a third party without the obligation to repay if the third party fails to collect the receivables.
Required Disclosure
Mandatory information that companies must provide in their financial statements to give a full and fair view of their financial performance and position.
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