CROSS-AGED RECEIVABLE means all accounts receivable due from a Customer if more than 50% of the aggregate amount of all accounts receivable due from such Customer are aged more than 90 days.
MARKET PRICE (MARKET VALUE), for securities sold on an exchange, is the last reported price at which the securities were sold. For securities sold over-the-counter (OTC), the current price of the securities in the market.
MANAGEMENT INFORMATION SYSTEM (MIS) is a well-developed data management system that provides uniform organizational information from all areas of the entity within a database. Information within the database is manipulated to help management reach accurate and rapid organizational decisions.
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