Outrageously Funny Search Suggestion Engine :: Precancel

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What is the definition of Precancels? 🙋

👉 In accounting, "precancels" refers to a specific practice in which an entity records a debit for the amount of any sales that have not yet been collected. This is typically used when a customer has paid for goods or services but does not receive the item within the agreed-upon time frame. For example, if a company sells a product to a customer and receives payment by check, but the customer only pays for the shipping charges, the company records this as a credit in its accounting system


precancels

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What is the definition of Precancelling? 🙋

👉 Precancelling is a concept in psychology that refers to a state of mental or emotional calmness. It involves a sense of being at peace, relaxed, and unbothered by external stimuli or events. Precancelling can be described as a feeling of inner tranquility, calmness, or serenity.


precancelling

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What is the definition of Precancellation? 🙋

👉 In the context of algebra, a term that is not cancelled out by another term in an expression or equation is called a "precancellation". In other words, if there are two terms with the same variable and exponent, one being canceled out by the other, then they can be combined to form a single term. This operation is known as "pre-cancellation" or "simplification".


precancellation

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What is the definition of Precancelled? 🙋

👉 "Pre-cancelled" is a term used in finance and accounting that refers to an event where an obligation has been cancelled, or canceled out by another party. This could be due to a change in circumstances such as a change in ownership of the asset or a default on the payment obligations. In the context of financial statements, "Pre-cancelled" assets might refer to items that were originally added to a balance sheet but have since been written off due to changes in ownership or market conditions. For


precancelled

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What is the definition of Precanceling? 🙋

👉 Percanceling is a process in finance where an account is closed, or canceled, and then reopened. This typically happens when a financial institution decides to close an account for a period of time, usually for 30 days (or any other specified length), without giving any reason for the closure. The purpose of this action is often to allow a customer to review their finances, make adjustments, or to simply clear out an account that no longer serves a need. Percanceling can


precanceling

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What is the definition of Precancel? 🙋

👉 The term "precancel" refers to a specific action or process in the context of managing and controlling financial resources. In general, it involves the reduction or cancellation of debt obligations, which is often done when a borrower wishes to pay off their debts or if they are no longer able to meet their payments on time. Here's an example of how "precancel" might be used: A company is facing difficulties in paying its bills and needs to reduce its debt balance. The company decides to cancel


precancel

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What is the definition of Precanceled? 🙋

👉 In finance, a "precanceled" transaction is one where an order has been placed but has not yet been processed or executed. When it comes to financial instruments and contracts, precanceled transactions are typically associated with options, futures, and swaps that have been settled but have not yet been transacted. For example, if you're buying a put option on stock XYZ, you would place an order for the purchase of XYZ's shares at a predetermined price. However, if you place your order to


precanceled

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