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The "Bottom-Up" Approach to Creating Artificial Life Starts

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The "bottom-up" approach to creating artificial life starts


Definitions:

Credit Memo

A paper provided by the seller to the buyer, which decreases the total the buyer needs to pay to the seller based on the conditions of a prior bill.

Discount Period

The discount period is the timeframe during which a payment can be made with a discount for early settlement in terms of credit sales.

Merchandise Sold

The total cost of all products sold by a company during a specific period.

Cash Discount

An incentive offered by sellers to buyers for paying an invoice ahead of the scheduled due date.

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