Examlex
Ben Franklin's adage "Time is money" is now a universally accepted principle.
Short-Term Financing
Refers to borrowing funds for a period of less than one year to meet immediate financial requirements.
Spontaneous Financing
Financing that naturally increases as a firm's operating levels increase, typically through trade credits and accruals.
Five Year Bonds
Debt securities issued with a maturity of five years, typically paying interest semi-annually.
Factor Receivables
The financial practice of selling accounts receivable to a third party at a discount to immediately generate cash.
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