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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LRIC is an acronym for Long Run Incremental Cost. A service costing methodology used primarily in the telecommunications industry.
BDI see BASIC DEFENSE INTERVAL.
