Examlex
A research predicted that youth in a risk-reduction program were less likely to engage in criminal activity. The independent variable in this case was whether youth were in the risk-reduction program.
Notes Receivable-Perez
A note receivable account representing money owed to the entity by Perez, typically documented through a formal promissory note.
Collateralized
Secured by an asset pledged as security for repayment of a loan, protecting the lender by providing a source of recovery in case of default.
Receivables
Amounts owed to a company by customers for goods or services that have been delivered but not yet paid for.
Without Recourse
A term indicating that the seller of an asset is not responsible for the buyer's inability to collect any debts or obligations related to the asset.
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