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Large union wage increases in declining sectors can be explained by
Life Sciences Companies
Firms involved in the field of biology and biotechnology, including pharmaceuticals, biomedical technologies, life systems technologies, and services or products related to the science of living organisms.
Standard Factoring Arrangement
An agreement where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.
Receivables
Funds due to a company from its customers or clients for goods or services supplied on credit terms; another term for accounts receivable.
Restructuring of Debt
The process of renegotiating the terms of loans or obligations to provide relief to the borrower, often by extending payment terms or reducing interest rates.
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