Examlex
On a radio talk show, the host said, "That nogood felon, O.J. Simpson." Mr. Simpson has never been convicted of a felony.
Cash Balance
The amount of cash in a company's accounts at any given time, important for ensuring liquidity and operational compatibility.
Inventory Loan
A loan that is secured by the inventory of a business, allowing the company to use its inventory as collateral.
Maturity Factoring
A financing method where a business sells its invoices to a factor at a discount but receives payment only when the customer pays the invoice at maturity.
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