Examlex
How are retailers affected by scanning errors? What are the measures taken to minimize these errors?
Cash Discount
A reduction in the price of goods or services offered to purchasers as an incentive for early payment.
Discount Date
The specified date when a payment is to be made with a discount for early settlement.
Due Date
The due date is the date by which a payment, bill, or other obligation must be paid.
Remittance
The act of sending money in payment or as a gift, often referring to funds sent by individuals working abroad to family members in their home country.
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