Examlex
Instructions: Identify the following term(s).
French Secularism
Carrying Costs
The expenses associated with holding inventory, including storage, insurance, taxes, and opportunity costs.
Inventory Rises
An increase in the quantity of goods that a company holds, which could indicate either growing sales or overproduction.
Revolving Credit
Revolving credit is a flexible funding option where credit is automatically renewed as debts are paid off, up to a certain limit.
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
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