Numbers dressed up in fancy suits pretending to be words.
Money received for goods or services not yet delivered—a liability because you owe customers something in return. It's the accounting version of taking someone's money and promising to do the work later, which is only legal when properly documented.
Products sold without government taxes at airports and border zones, creating the illusion of amazing deals while you're trapped in transit. The magical land where alcohol and perfume become 'affordable' because customs duties don't apply. Convinces travelers they're saving money while spending it on things they didn't need in the first place.
A fancy term for items that trigger customs duties when crossing borders, because apparently governments never met a transaction they didn't want to tax. If you're importing it and the taxman wants a cut, congratulations—it's dutiable. This word exists primarily to make customs forms sound more official than "stuff we're charging you extra for."
A leverage metric comparing total liabilities to shareholder equity, revealing whether a company is conservatively financed or one recession away from bankruptcy. Financial analysts' favorite way to judge how recklessly a company borrows.
The average number of days it takes to sell through inventory, calculated as (inventory / cost of goods sold) × 365. A metric that reveals whether you're efficiently managed or operating a museum of unsold products.