Start learning 50% faster. Sign in now
In a typical Trade Receivable arrangement, the primary participants involved are the buyer, seller, and bank . The buyer is the entity purchasing goods or services on credit from the seller . The seller is the entity providing the goods or services and generating the receivable from the buyer . The bank, often acting as a financing institution, provides funds to the seller by discounting or factoring the trade receivable . This allows the seller to receive immediate payment, while the bank assumes the responsibility of collecting the receivable from the buyer at a later date . The involvement of a bank in a Trade Receivable arrangement helps provide liquidity to the seller and mitigates the risk of non - payment by the buyer .
Anemia is caused by the deficiency of which vitamin in the body?
What is the term for the boundary between two air masses with different temperatures and densities?
The Boolean expression for XOR gate is
Which of the following Country government has decided to withdraw Citizenship Act-2006 bill?
What is the literacy rate of Lakshadweep as per the 2011 Census?
The difference between revenue and cost is called the firm’s __________.
The Constitution (101st Amendment) Act, 2016, _______deals with:
Who introduced the Permanent Settlement of Bengal?
Who is popularly known as the “Founder of Modern Rajasthan”?