Examlex
Computer users are the primary beneficiaries of Web services since they can find new functions and interesting applications by searching the Web for new Web services.
Explicit Interest
The stated interest rate on a loan or financial instrument, not including the effects of compounding or any hidden charges.
Factoring
Financing method where a firm sells its accounts receivables, usually to a specialized financing company, at a discount to their full value.
Receivables
Payments due from clients to a business for the delivery of goods or services that have not yet been compensated.
Collateral
An asset or property that a borrower offers to a lender as security for a loan, which the lender can seize if the borrower fails to make required payments.
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