Meaning eligible accounts
What does eligible accounts mean? Here you find 2 meanings of the word eligible accounts. You can also add a definition of eligible accounts yourself
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eligible accountsDefinition Accounts receivable that satisfy the lender's criteria as specified in a loan agreement. also called prime accounts. opposite of ineligible accounts.
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eligible accountsEligible accounts, in lending, are accounts receivable that can be included in a corporate borrower's collateral base. Financial institutions will often take a company's accounts receivable [..]
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