Examlex
The versatility of the transistor switch permits it to be operated by a variety of sensing devices such as devices that sense light, sound, temperature, and magnetic induction.
Instalment Payment
A method of payment whereby the total cost of a purchase is divided into smaller amounts, to be paid over a specified period of time.
Loan
Borrowed money that is expected to be paid back with interest over a set period of time.
Non-Current Liability
Long-term financial obligations listed on a company's balance sheet, not due within one year.
Deferred Revenue
Income received by a company for goods or services yet to be delivered or performed.
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