Examlex
Most young people who abuse alcohol or other drugs will become even more serious abusers by age 30.
Allowance Method
An accounting technique that estimates and sets aside a portion of accounts receivable deemed likely uncollectible.
Uncollectible Receivables
Accounts receivable that the company does not expect to collect, often recognized as bad debt expense.
Settlement
The process of finalizing a transaction where the buyer pays the seller, and the seller transfers ownership of an asset, or the resolution of a dispute.
Maturity Value
The amount that will be paid to the holder of a financial instrument at the instrument's maturity date, including principal and any accrued interest.
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