Examlex
Find the exact solution of the equation.
Accrual Liabilities
Obligations that a company has incurred, for which invoices have not yet been received or payment has not been made.
Accounts Payable
Money owed by a business to its suppliers or creditors for goods and services received but not yet paid for.
Revolving Credit Agreement
A credit arrangement that allows a company or individual to borrow, repay, and borrow again up to a certain credit limit.
Commitment Fee
A fee charged by a bank for guaranteeing to have loanable funds available. The fee is charged on un borrowed amounts up to the maximum of the guarantee. See Revolving credit agreement.
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