Examlex
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that
One Year
A period consisting of 12 consecutive months.
Unearned Revenue
An accounting term referring to money received for a product or service yet to be delivered or performed.
Customers Pay
This term refers to the action of clients or buyers giving money in exchange for goods or services.
Service
An intangible commodity that involves the provision of labor or expertise, rather than goods, for the benefit of a consumer.
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