REVERSE REPURCHASE AGREEMENT (reverse repo) is the opposite of a repo in that it is the purchase of securities (usually government debt) tied to an agreement to sell the security back at a later date at a higher price. Reverse repos are normally short term agreements; primarily on an overnight basis.
RECEIVABLES TURNOVER see ACCOUNTS RECEIVABLE TURNOVER.
DISCOUNT ALLOWED, normally, is a reduction of the invoice amount for early payment of the invoice value.
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