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Trouble Debt Restructuring
A process whereby terms of a debt are modified due to the financial difficulties of the borrower, typically resulting in reduced interest rates or extended payment schedules.
Financial Reporting
The process of producing statements that disclose an entity's financial status to management, investors, and the government.
Accelerating Cash Collection
Strategies or practices implemented by a business to decrease the amount of time between selling a product or service and receiving payment for it.
Discounting
The process of determining the present value of a future amount of money or a series of future cash flows, by applying a discount rate.
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