Examlex
Describe how to conduct an effective annual performance review.
Average Payments
The mean amount paid over a defined period payments.
Average Daily Float
The average amount of uncollected funds represented in checks or other negotiable instruments over a specified period.
Lockbox System
A service provided by banks to accelerate collection of payments by having those payments sent to a special post office box rather than to the company.
Treasury Bills
Represent short-term government securities issued at a discount from the par value and mature without interest payments.
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