BAD CREDIT is a term used to describe a poor credit rating. Common practices that can damage a credit rating include making late payments, skipping payments, exceeding credit card limits or declaring bankruptcy. Bad credit can result in being denied credit.
STOCKOUT is running out of inventory, e.g. the demand or requirement for an item(s) cannot be fulfilled from existing inventory.
AD HOC is being concerned with a particular end or purpose, e.g., a ad hoc committee established to handle a specific subject.
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