Examlex
The sky appears to rotate eastward around Earth each day, but that is a consequence of the westward rotation of Earth.
Trade Credit
A financing arrangement where a buyer is allowed to purchase goods or services and pay the supplier at a later agreed date.
Accounts Receivable
Money owed to a company by its debtors for goods or services that have been delivered or sold but not yet paid for.
Explicit Interest
Interest rates that are clearly stated and agreed upon, typically seen in loan agreements or bond terms.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for the financing of accounts payable and inventories.
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