Examlex
Name and briefly describe four major types of insurance.
Working Capital
The gap between a firm's current assets and its current liabilities, showcasing the business's short-term financial health and operational effectiveness.
Working Capital Assets
Current assets that are used in the day-to-day operations of a business to fund operations and cover short-term liabilities.
Liabilities
Financial obligations or debts that a company owes to others, which need to be settled over time through the transfer of economic benefits.
Maturity Matching Principle
A financial strategy that involves matching the maturities of assets and liabilities to reduce risk in managing working capital and financing.
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