ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PLEDGED ACCOUNTS RECEIVABLE Definition
PLEDGED ACCOUNTS RECEIVABLE is short-term borrowing from financial institutions where the loan is secured by accounts receivable. The lender may physically take the accounts receivable but typically has recourse to the borrower; also called discounting of accounts receivable.
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DETECTIVE CONTROL is a control designed to discover an unintended event or result.
DIT is Depreciation, Interest and Taxes.