Define What Is Meant by the Term Kin-Keeper

question 34

Essay

Define what is meant by the term kin-keeper.

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Definitions:

Due Date

The specified date by which a payment, task, or action is required to be completed.

Remittance

The act of sending money in payment or as a gift, often by a worker to their family in their home country.

Discount Period

The time frame within which a discount is offered for prompt payment on goods and services, often used in sales and invoicing.

Cash Discount

A reduction in the price of goods or services offered to a buyer by a seller for prompt payment.