Glossary of company Financing Terms
The language of funding can often seem overwhelming. Below are a few terms that are common business owner has to understand:
Relates to the cash a small business owes on a debt that is short-term. This debt generally speaking includes a due date through which it should be compensated in order to avoid planning to collections. For a balance sheet, payables are listed as being a obligation.
The cash a continuing company is owed by its clients. Like reports payable, this financial obligation generally includes a turnaround that is short during which re re re payment should be made. On a stability sheet, receivables are detailed as a valuable asset. Continue reading