Examlex
When light passes from one medium to another,resulting in a change in its speed and direction
Non-Cyclical
Refers to industries or stocks that are relatively unaffected by economic downturns or declines because they provide essential goods or services that continue to be in demand.
Cash Cycle
The amount of time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
Cash Disbursement
Cash disbursement refers to the payment of money by a business to settle obligations, including operating expenses, investments, and financing activities.
Cash Collection
The process of receiving cash payments from customers, typically related to sales or services provided.
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