Examlex
A single thin slit forms a diffraction pattern when illuminated with monochromatic light. The fourth minimum of the pattern occurs at an angle of away from the central maximum. At what angle does the fifth minimum occur?
Accounts Receivable Financing
A type of financing arrangement in which a company uses its receivables as collateral for a loan, effectively selling its right to future payments in exchange for immediate cash.
Factored Receivables Financing
A financial transaction in which a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
Banker's Acceptance
A short-term financial instrument issued by a company that is guaranteed by a commercial bank, commonly used in international trade.
Inventory Period
The average time it takes for inventory to be sold and replaced during a given period.
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