Key Terms Instructions: Please Define the Following Key Terms. Show Who

question 87

Essay

Key Terms
Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
utilitarianism

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Definitions:

Partial Payment

A payment made that is less than the full amount owed at that time.

Cash Discount

A Cash Discount is a reduction in the invoice price offered by a seller to a buyer for prompt payment of their bill.

Invoice Date

The specific date on which an invoice is issued, marking the point when payment terms are set and payment is expected to commence.

Partial Payment

A payment made that is not the full amount due in a billing cycle, often applied to loans or outstanding debts.