Examlex
The triac, like the SCR, must be phase shifted if complete control is to be gained over the AC voltage applied to it.
Accounts Payable
Liabilities or amounts owed by a company to its creditors for goods and services received that have not yet been paid for.
Journal Entry
A record in bookkeeping that documents every financial transaction, detailing the accounts affected and whether they are debited or credited.
Interest-Bearing Note
A debt instrument that pays interest to the holder, typically at a fixed rate, until the note reaches its maturity date.
360-Day Year
An accounting convention that simplifies interest calculation by assuming twelve 30-day months, used mainly in financial markets.
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