Examlex
The LAP stain is helpful in distinguishing:
Cash Cycle
The time period between the outlay of cash for the purchase of inventory and the collection of cash from customers for the sale of that inventory.
Short Term Financing
Financing obtained for a time period of up to one year, used to fund immediate operational needs such as inventory purchase or payroll.
Bankers Acceptances
A short-term debt instrument issued by a company that is guaranteed by a commercial bank, often used in international trade.
Inventory Loan
A loan taken by a company to purchase inventory, where the inventory itself often serves as collateral for the loan.
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