Examlex
The bearing of a _____ is located on the outside of the housing which places all of the vehicle's weight on the axle housing with no weight on the axle.
Working Capital Accounts
Accounts that reflect a company's current assets minus its current liabilities, providing a snapshot of its short-term financial health and operational efficiency.
Borrowing Rate
The interest rate that a lender charges a borrower for the loan of funds, varying based on credit risk, loan amount, and duration.
Net 60
A payment term indicating that payment is due 60 days after the invoice date.
Lock Box System
A banking service provided to companies for speeding up collection of payments by having those payments sent directly to a bank's PO box, rather than to the company.
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