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"A" credit customers:
Consumers with impeccable credit, who can obtain a loan from traditional lenders.
Acceleration Clause:
Language in a lease that secures payments for the full term of the lease.
Accounts Payable:
The amount of money a company owes for goods and services it has received; any outstanding debt that a company has.
Accounts Receivable:
A collection of a company's outstanding invoices (invoices which have not yet been paid by the company's customers).
Accounts Receivable Aging Report:
A report showing how long invoices from each customer have been outstanding.
Advance Rate:
The percentage of the face amount of an income stream that a funding partner will advance to a client.
Amortization:
The gradual, systematic payment of a debt, such as a mortgage or other loan, in installments of principal and interest for a definite time, so that at the end of that time, the debt will have been paid in full.
Articles of Incorporation:
A document filed with a U.S. state by the founders of a corporation. After approving the articles, the state issues a Certificate of Incorporation; the two documents together become the Charter of Incorporation.
Asset:
Anything having commercial or exchange value that is owned by a business, institution or individual. A business' assets might include its real estate, equipment inventory, intellectual assets such as copyrights or trademarks, and accounts receivable.
Assignability:
The ability to assign (or sell) an income stream to another individual or business.
Assignee:
The person or business entity who is given, obtains, or buys the right to an asset.
Assignment:
The transfer of the rights, title or interest of any debt instrument that is properly owned by another party.
Assignor:
The person giving or selling an asset, and subsequently, forfeiting rights to that asset.
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