Examlex
In a study on a prevention program designed to reduce dating abuse, investigators measured several factors known to influence the odds that teens are abused while dating. One of these factors is
Average Collection Period
The average number of days it takes for a business to collect payments from its customers after a sale has been made.
Discount Policy
A company's strategy regarding the conditions under which discounts are offered to customers, affecting sales volume, revenue, and cash flows.
Credit Terms
Refers to the conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and due dates.
Net 45
A term indicating that payment is due 45 days after the invoice date.
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