Toll and Contract Manufacturing

Meaning of Toll Manufacturing and Contract Manufacturing Toll Manufacturing and Contract Manufacturing both are forms of outsourcing of production. In both the manufacturing arrangements, Companies get the production work …

Trade Acceptance

Meaning of Trade Acceptance Trade Acceptance refers to a contractual obligation acknowledging the existence of a debt. It is a time draft or bill of exchange for a specific …

Short-term Liabilities

A liability is a debt or legal obligation of the business to another individual, bank or entity. There could be both short-term liabilities as well as long-term liabilities. Liability …

Trade Debt

Meaning and Definition of Trade Debt Trade Debt is defined as the money payable by a Company to its supplier for goods or services received by it. In other …

Treasury Bills

What are Treasury Bills? Treasury Bills or T-Bills are short-term government bonds that are issued by the Central Bank on behalf of the government. They are risk- free because …