Goods Production

Commercial Loan
A commercial loan is a short-term (typically 90-day) renewable loan designed to finance the seasonal working capital needs of a business, such as the purchase of inventory or the production and distribution of goods.
Fabricator
A fabricator is an employee who converts materials into units, parts, or items. They can function as an assembler or a manufacturer of goods or materials. Custom fabricators, in particular, manufacture goods to specific orders.
Industrial Classification
Industrial classification segments companies that engage in the production and distribution of goods and services, excluding utilities, transportation, and financial services.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.