Key Terminology this chapter:

Speculative motive
Precautionary motive
Transaction motive
Float
Lockboxes
Cash concentration
Zero-balance account
Controlled disbursement account
Terms of sale
Credit analysis
Collection policy
Credit period
Invoice
Cash discount
Credit instrument
Credit cost curve
Captive finance company
Five C's of credit
Credit scoring
Aging schedule
Economic order quantity
Material requirements planning
Just-in-time inventory