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How did Assyrians govern their empire?
Working Capital Policy
A company's strategy concerning managing its current assets and liabilities to ensure it has sufficient liquidity to meet its short-term obligations.
Factoring Accounts Receivable
A financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
Without Recourse
A financial term indicating that the seller of an asset is not liable if the underlying assets fail to perform as expected.
Maturity Factoring
A form of financing where a business sells its invoices to a factor at a discount for immediate cash, with the collection of funds from customers handled by the factor upon maturity.
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