AVERAGE COST is total cost for all units bought (or produced) divided by the number of units.
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.
CABLE is the London dollar/sterling foreign exchange market - now outdated but still used by insiders.
Enter a term, then click the entry you would like to view.