Glossary of M1 NXT

Limited Liability Partnership

A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the legal and financial protections associated with incorporated entities. Under the Limited

Board Resolution

A Board Resolution is a formal, legally recognised decision passed by the Board of Directors of a company under the Companies Act, 2013. In essence, it serves as the official

Invoice Financing

Invoice Financing is a structured trade finance solution that enables businesses to unlock immediate liquidity against outstanding invoices, without waiting for the buyer’s payment cycle to conclude. Instead of allowing

DOA/NOA

DOA (Deed of Assignment) vs NOA (Notice of Assignment): Re-Engineering Receivables for Modern Trade Finance. In global commerce, liquidity does not move at the same speed as trade. Goods cross