Examlex
A good scientific explanation is generalizable. What does that mean?
Credit Policy
Guidelines that govern a company's extension of credit to customers, determining who is eligible and on what terms.
Credit Sales
Sales made by a business on credit, allowing customers to pay at a later date.
Receivables
Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.
Collection Procedures
Established methods used by businesses to follow up on and collect unpaid debts from customers.
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