Examlex
Johnson's rule, a priority rule used in sequencing production jobs, is used only in production situations where we are dealing with one machine or one stage of production activity.
Creditors
Persons or entities to whom money is owed by debtors or borrowers.
Full Payment
The complete settlement of a debt or obligation, leaving no balance.
Court Approval
The formal endorsement by a judge or court of an action, agreement, or decision before it can legally take effect.
Preferential Payment
A payment made by a debtor that favors one creditor over others, often scrutinized in bankruptcy proceedings.
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