Examlex
The specific term used by a retailer for income is:
Credit Periods
The timeframe given by a seller to the buyer to pay for the goods or services received, usually measured in days.
Terms Of Sale
The conditions under which a sale is conducted, detailing payment terms, delivery times, warranties, and prices.
Product Perishability
Indicates how quickly a product will lose its value if not sold or consumed within a short period.
Credit Periods
The duration of time allowed by a seller for a buyer to pay for a product or service after the sale has been made, usually expressed in days.
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