Examlex
Cumulative voting makes it possible for minority shareholders to gain representation on the board of directors.
Liberal Credit Terms
Credit conditions that are more favorable to the borrower, such as longer repayment periods or lower interest rates.
Operating Cycle
The duration between the acquisition of inventory by a business and the receipt of cash from accounts receivable, indicating how quickly a company turns its product into cash.
Carrying Cost
The total cost of holding inventory, including storage, insurance, and spoilage costs.
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