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Why is it important that start-up salespeople have the ability to multi-task?
Credit Terms
These are the payment conditions imposed by the seller on the buyer, including payment deadline, discount for early payment, and penalty for late payment.
Discount Period
The time frame between the purchase of a bill or note and its maturity date, during which the bill is discounted from its face value.
Production Run
A period during which a particular batch of goods is manufactured.
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