SMALL-CAP Definition

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SMALL-CAP is a stock with a capitalization, meaning a total equity value, of less than $500 million.

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BILL AND HOLD see SHIP IN PLACE.

DEBTOR DAYS is a ratio used to work out how many days on average it takes a company to get paid for what it sells. It is calculated by dividing the figure for trade debtors shown in its accounts by its sales, and then multiplying by 365.

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