Examlex
A table is in 2NF if it is in 1NF, and it includes no partial dependencies.
Net Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity of the business.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer.
Revolving Credit Agreement
A banking agreement that allows the borrower to withdraw, repay, and redraw loans advanced to them up to a specified amount.
Line of Credit
An arrangement between a financial institution and a customer that establishes a maximum loan balance that the borrower can access.
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