Examlex
Summarize the six characteristics of a high quality day-care center.
Spontaneous Financing
Financing that occurs automatically as a firm's operating activities increase, such as trade credit.
Trade Payables
Amounts owed by a company to its suppliers or vendors for goods and services received but not yet paid for.
Revolving Credit Agreement
A credit arrangement that allows a borrower to withdraw, repay, and re-borrow funds up to a specified limit over a set period.
Agreed Limit
An agreed limit refers to a predetermined maximum amount that an insurance company agrees to pay out for a specific claim or coverage.
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