Examlex
Who is sometimes called the "Second Founder of Christianity" for his role in the development of early Christianity?
Collection Delay
The period between when a bill is issued or an invoice is sent and when the payment is actually received.
Average Amount
This term refers to the mean value or central tendency of a set of numerical values, calculated as the sum of the values divided by the number of values.
Lockbox Services
Banking services that process incoming checks by collecting and depositing them directly into the recipient's bank account, speeding up the collection process.
Collection Time
The average period it takes for a business to receive payments owed by its customers, reflecting on the efficiency of its credit policies and cash management.
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