Examlex
"Priming" refers to the activation of one concept by another and is associated with the concept of "spreading activation".
Dishonoring a Note
The failure to pay a promissory note when it comes due, resulting in a default.
Pledging Accounts Receivable
The practice of using accounts receivable as collateral for a loan.
Internal Control
Systems and processes put in place by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Adequate Records
Maintaining sufficient and detailed financial documents to accurately capture a company's transactions, facilitating scrutiny, and ensuring compliance with laws and regulations.
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