Examlex
Wall coverings are expensive but essential in almost any small business for employee job satisfaction and customer enjoyment.
Disbursement Float
The time delay between when a check is written and the funds are actually deducted from the payer's account.
Collections Float
The time gap between when a check is deposited in a bank and when the funds become available, affecting the cash flow of the business.
Credit Department
The division within a company or financial institution that is responsible for managing customer credit and collecting payments.
DSO
Days Sales Outstanding (DSO) is a measure of the average number of days that it takes a company to collect payment after a sale has been made.
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