Examlex
A ________ is something that takes on a physical form, such as a smartphone or a laptop computer. A ________ is an activity or benefit that is intangible, such as an airplane trip or advice from an accountant.
Financing Agreement
A legal contract between a borrower and a lender, outlining the terms for borrowing funds, including the interest rate, repayment schedule, and other conditions.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.
Assigning
The process of allocating or designating resources, tasks, responsibilities, or rights to specific entities or persons within the context of business or legal proceedings.
Pledging
Pledging involves using assets as collateral to secure a loan or obligation, ensuring the lender or party has a claim to the asset if the borrower defaults.
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