Accounts Receivable Conversion (ARC) definition
Accounts Receivable Conversion (ARC) means a processing option for single-entry debits to convert a Customer’s paper check that is received via the U.S. mail or courier, or at a drop box or manned bill payment location.
Examples of Accounts Receivable Conversion (ARC) in a sentence
However, if we experience an “Ownership Change,” as defined in Section 382 of the Internal Revenue Code, our ability to use the NOLs will be substantially limited, and the timing of the usage of the NOLs could be substantially delayed, which could therefore significantly impair the value of that asset.