Examlex
The Code of Hammurabi calls for extreme punishments according to the principle of _________ ("an eye for an eye") .
Average Daily Float
The average amount of uncollected funds represented in checks or other negotiable instruments over a specified period.
Lockbox System
A service provided by banks to accelerate collection of payments by having those payments sent to a special post office box rather than to the company.
Treasury Bills
Represent short-term government securities issued at a discount from the par value and mature without interest payments.
Collection Time
The typical period it takes for a company to receive payments due from its clients.
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