Examlex
A 3M researcher worked with university students to develop the Post-it
Average Collection Period
The average number of days it takes a company to collect payments from its credit sales.
Credit Sale
A transaction where the payment for the purchased goods or services is deferred to a future date.
Credit Applicant
A Credit Applicant is an individual or business entity that applies for a loan or line of credit from a lending institution.
Credit Agencies
Organizations that assign credit ratings for issuers of certain types of debt securities, with the ratings based on the issuer's ability to pay back debt.
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