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

EFFECTIVE TAX RATE is the net rate a taxpayer pays on income that includes all forms of taxes. It is calculated by dividing the total tax paid by taxable income.

ENTITY, in business, is a separate or self-contained existence that provides goods or services.

Suggest a Term

Enter Search Term

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