Examlex
In the hashing implementation of a set, the Bag class is used to represent an item and a pointer to the next item in a chain.
Prompt Payment
A term describing the timely processing of payment to a vendor or creditor, often governed by contractual terms or regulations to ensure payments are made within an agreed-upon timeframe.
Accounts Receivable Turnover
A financial metric used to measure how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by the average accounts receivable.
Average Collection Period
The mean period required for a company to get payment from its clients.
Finance Charges
Fees representing the cost of credit or the cost of borrowing, including interest and transaction fees.
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