Letter grading is a prevalent system. adjective. The definition of prevalent is widespread, well known or in general use. An example of prevalent is the use of a letter grading system in colleges. prevalent. prevalent.
Answer / saif. A debtor/Accounts receivable is a person who owes to money to the business as he has received some benefit from the business. A Creditor/Accounts Payable is a person to whome the business owes money as he has given some benefit to the business.
Bailor Definition - A bailor is a person who hands assets over to another party for temporary safekeeping. Property insurance should be purchased for... Bailor Definition - A bailor is a person who hands assets over to another party for temporary safekeeping. Property insurance should be purchased for any items given to a bailor, in case something happens to the property while it is under their care.