Examlex
Explain what is meant by the age of viability and prenatal sensitive periods.
Credit Sale
A transaction where goods or services are provided to a customer with the agreement that payment will be made at a later date.
Terms 3/10
A payment term indicating that a buyer can take a 3% discount on the invoice amount if the payment is made within 10 days of the invoice date.
Credit Terms
The conditions under which a seller will extend credit to a buyer, including the repayment time frame and any interest charged.
Merchandise
Goods bought and sold in the normal course of business, typically referring to products available for resale to customers.
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