Examlex
Describe source documents and their purpose.
Finance Company
A business that provides loans to individuals or organizations, making profits from the interest charged on these loans.
Receivables
Money owed to a company by its clients or customers for goods or services provided on credit.
Floor Planning
A method used in retail and wholesale to finance inventory, where a loan covers the cost of goods held in stock until they are sold.
High-Priced Inventory
Inventory items that have a significant cost per unit, often requiring specialized handling or more secured storage due to their value.
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