MSME Law & Delayed Payment Hub: Glossary: practical Indian finance and law guidance from Finin2min.
| Term | Meaning |
|---|---|
| Udyam | Official MSME registration identity. |
| MSEFC | Micro and Small Enterprises Facilitation Council. |
| Acceptance | Statutory trigger for payment-period calculation. |
| TReDS | Trade Receivables Discounting System. |
| Composite criteria | Investment and turnover tests used together. |