Examlex
Tourism for the masses began with the development of:
Bank Credit Cards
Financial tools issued by banks that allow cardholders to borrow funds within a pre-approved limit for purchases or cash withdrawals.
Fees
Charges levied for services provided, often related to professional, financial, or administrative tasks.
Factoring Receivables
The financial transaction of selling accounts receivable to a third party (factor) at a discount to obtain immediate cash.
Factor
An element or component that contributes to a particular result or situation.
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