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How do internet ads target people so precisely? What is going on below the surface?
Credit Standards
The criteria and measures used by lenders to determine the creditworthiness of potential borrowers.
Bad-Debt Losses
Financial losses that occur when borrowers fail to pay back their loans.
Average Collection Period
The average number of days it takes for a business to receive payments owed by its customers.
Average Collection Period (ACP)
A financial ratio that measures how long it takes to collect on credit sales. Also called days sales outstanding (DSO).
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