Examlex
Most fourth-generation programming languages encourage programmers and users to specify the results they want, while the computer determines the sequence of instructions that will accomplish those results.
Average Daily Float
The average amount of un-cleared or in-process checks and electronic payments that are recorded in a company’s accounting system at any given time.
Collection Delay
The time it takes for a business to receive payment after issuing an invoice or credit sale, impacting cash flow.
Interest Rate
The cost, represented as a fraction of the principal, imposed by a creditor on a debtor for the borrowing of assets.
Processing
The action of performing a series of mechanical or chemical operations on something in order to change or preserve it.
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