Examlex
The formula C₂H₆O may be attributed to an alcohol or an ether.
Credit Terms
Credit terms are the conditions under which a seller extends credit to a buyer, specifying the repayment period, discount for early payment, and applicable interest charges.
Liberal Credit Terms
Credit conditions that are more favorable to the borrower, such as longer repayment periods or lower interest rates.
Operating Cycle
The duration between the acquisition of inventory by a business and the receipt of cash from accounts receivable, indicating how quickly a company turns its product into cash.
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