CASH IN ADVANCE Definition

Bookmark and Share

CASH IN ADVANCE is when full payment is due before the merchandise is shipped. Least risk to seller, most risk to buyer.

Learn new Accounting Terms

BMR, among others, is Base Mortgage Rate.

RETURN ON RATE BASE is the ratio of net operating income earned by a utility, calculated as a percentage of its rate base.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.