Glossary of M1 NXT

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 (Deed of Assignment) vs NOA (Notice of Assignment)

Deed of Assignment (DOA) measures the average number of days invoices remain outstanding before payment is received. It is a liquidity indicator, a reflection of how long capital remains tied