Examlex
When data are classified by key features, this is called _____ engineering.
Accounts Receivable Factor
A financial transaction where a company sells its accounts receivable to a third party (factor) at a discount, to obtain immediate cash.
Bad Debt Risk
The risk that money owed to a company by debtors will not be paid and thus become a bad debt.
Compensating Balance
A minimum account balance that a borrower must maintain as part of a condition for obtaining a loan.
Line of Credit
A flexible loan from a bank or financial institution that allows a borrower to draw and use funds up to a designated limit.
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