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Inventory Cycle
The inventory cycle involves the process from purchasing goods for inventory to selling them to customers, and is key in determining the efficiency of a company's inventory management.
Credit Terms
The conditions under which credit will be extended to a borrower, including the repayment schedule and interest rates.
Comparison Shopping
The practice of comparing prices and features of products or services to find the best deal or value before making a purchase.
Net
Typically refers to the amount remaining after certain deductions are made, such as net income or net profit.
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