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Delaying payment allowed Bowlen to use the money for other needs.
"But whatever it takes, whether it's adjusting contracts, delaying payment, whatever we have to do, our team will do it.
The strategy allows investors to turn their stock holdings into cash while delaying payment of capital gains taxes.
The bonds have allowed school districts that are short on cash to finance classroom renovations and new athletic facilities while delaying payment for years, or even decades.
Fatah activists have been at the forefront of strikes which have plagued the PA over the past year, when donors and Israel withheld transfers delaying payment of salaries.
A strategy that corporate executives routinely use to turn their stockholdings into cash while delaying payment of taxes is coming under increased scrutiny by the Internal Revenue Service.
Similar(23)
Delaying payments would be the preferred option, the report indicates.
Participants in the model face a liquidity shock and different costs for delaying payments.
But doctors and hospitals accuse some companies of routinely denying and delaying payments.
Then private contractors started delaying payments; I have maybe half a million euros in unpaid bills.
The finance ministry is delaying payments to the government's suppliers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com