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Qualified privilege statutes protect those with a moral obligation to speak.
Cash Cycle
The time it takes for a company to convert its investments in inventory back into cash, encompassing the entire sales and payments process.
Factoring Receivables
The financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount to obtain immediate cash.
Blanket Inventory Lien
A secured interest over all of the inventory of a borrower, granting the lender the right to seize inventory in the event of non-payment.
Committed Line Of Credit
A credit facility where the bank agrees to lend a specified amount of money to the company over a certain period of time.
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