Examlex
Judgments that pertain to societal customs are referred to as:
Processing Float
The time difference between when a payment is made and the funds are actually available in the payee's account.
Credit Policy
Guidelines that govern a company's extension of credit to customers, determining who is eligible and on what terms.
Credit Sales
Sales made by a business on credit, allowing customers to pay at a later date.
Receivables
Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.
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