ASSET CONVERSION LOAN
It is a type of short-term loan that can be repaid through asset liquidation, like receivables or inventoru. This type of loan is repaid from the company’s operating cash flow and is self-liquidating. The schedule of the repayment is designed in order to match up the anticipated income’s receipt. This loan is often availed by companies with businesses that are highly seasonal such as those who earn only around Christmas season.
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Term
Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
Time ...
Social Networking
Social networking is networking through the use of social media with the purpose of socialization, business, or both. It basically establishes conn ...
Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
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