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Terms Definitions 1. d. The right to receive cash in the future from customers for goods sold or for services provided. Factoring Receivables Debtor Accounts
Terms Definitions 1. d. The right to receive cash in the future from customers for goods sold or for services provided. Factoring Receivables Debtor Accounts Receivable Maturity Date Receivable Pledging Receivables e. The date when a note is due. 4. 5. 6. a. A monetary claim against a business or an individual. b. The party to a transaction who takes on an obligation/payable. c. Using receivables as security (collateral) for a loan. d. The right to receive cash in the future from customers for goods sold or for services provided. e. The date when a note is due. f. Selling receivables to a finance company or bank
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