PREFERRED CREDITOR Definition

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PREFERRED CREDITOR is a creditor whose account takes legal preference for payment over the claims of others.

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OPERATING REVENUE is that revenue realized from the day-to-day operations of the entity, e.g., sales revenue.

TANGO SHEETS is a not often used slang term refering to a document that compares forecasted financial data to actual financial performance for the purposes of illegally adjusting the reported financial data to more closely match the prior forecasted performance.

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