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Toddlers Are Famous for Throwing "Temper Tantrums" When They Do

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Toddlers are famous for throwing "temper tantrums" when they do not get their way or get their needs and wants met immediately. When such tantrums occur, it is best for a nurse to


Definitions:

Pledging Accounts Receivable

Using accounts receivable as collateral to secure a loan.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Recourse

In secured lending, if the asset collateralizing a loan proves not to have the value anticipated, recourse implies the borrower is still responsible for the debt. The lender is said to have recourse to the borrower.

Seasonal Working Capital

Additional working capital needed to support fluctuations in business activity due to seasonal changes in demand.

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