ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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BLUE CHIP Definition
BLUE CHIP is a stock considered to be of lowest risk with regard to dividend income and capital value.
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ALLOWANCE FOR BAD DEBTS is an account established to record a subtraction from ACCOUNTS RECEIVABLE, to allow for those accounts that will not be paid.
COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.