Examlex
What are the objectives in accounting for spoilage?
Liquid
In financial terms, describes assets that can be easily converted into cash without much loss in value.
Demand Deposits
Accounts held in banks that can be withdrawn at any time without any advance notice to the financial institution.
Debit Card
A payment card that deducts money directly from a consumer's checking account to pay for a purchase, rather than using a credit line.
Store Of Value
An item that people can use to transfer purchasing power from the present to the future.
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