👉 paydays in finance refers to a period of time during which an individual or company has no income due to unpaid bills, such as rent, utility payments, and other obligations. This can occur when an individual is unable to pay their bills on time or cannot find alternative sources of income. The term "paydays" is used in the context of accounting and financial reporting to indicate that a company has not received payment for its services or products from a customer or supplier at a specific date.
