Examlex
Federal agencies must prepare guides that explain in "plain English" how small businesses can comply with federal regulations.
Accounts Receivable
Financial dues owed by patrons to an enterprise for products or services consumed but not yet compensated.
Asset
A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
Liability
Obligations or debts that a company owes to others, which must be settled over time through the transfer of assets, provision of services, or other value.
Collection
The process of pursuing payments of debts owed by customers.
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