DSO (Day Sales Outstanding)

The total accounts receivables divided by average daily sales.

Related Terms

  • Chargeback (Card Processing)

    A chargeback is a transaction that is returned by the card issuer to a merchant’s acquirer bank because of a dispute, processing or point-of-sale error, or fraudulent...

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  • Demand Deposit Account

    Traditional savings and checking accounts are generally demand deposit accounts.

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