Examlex
Phishing is when a fraudster sends an email purportedly from a bank requesting information on the target's bank account,including the password,with the intention of stealing money from that account.
Discount Period
The time frame during which a bill or invoice can be paid at a reduced rate before full payment is required.
Marketable Securities
Investments that can be converted to cash on very short notice and provide at least a modest return.
Net Operating Working Capital
A measure of a company's liquidity that takes into account the difference between its operating current assets and its operating current liabilities.
Accounts Payable
Short-term liabilities of a company for goods and services received but not yet paid for.
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