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.
Grantor, Grantee. The most common terms found in most deeds are âgrantorâ and âgrantee.â The grantor is the person who is giving away the title or interest in the real property. The grantee is the person receiving that title.rantor, Grantee. The most common terms found in most deeds are âgrantorâ and âgrantee.â The grantor is the person who is giving away the title or interest in the real property. The grantee is the person receiving that title.