CASH BILL Definition

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CASH BILL is a documented receipt of cash payment as opposed to an invoice or promise to pay.

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ACA is Accreditation Council for Accountancy.

PRIVATE PLACEMENT (DEBT) is the sale of a bond or other security directly to a limited number of investors; used in the context of general equities. For example, sale of stocks, bonds, or other investments directly to an institutional investor like an insurance company, avoiding the need for the registration with the regulator if the securities are purchased for investment as opposed to resale.

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