CONTRACT GRADE
Characteristic of merchandise which can be transferred against any future deal, according to standard of future exchange based on which the merchandise is traded.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Characteristic of merchandise which can be transferred against any future deal, according to standard of future exchange based on which the merchandise is traded.
Alternative name given to contract of affreightment.
Depending on the assumption that deals exist to define the anticipations of the primary while offering a clear explanation of how an agent would benefit provided the expectations are met and contains
Not a genuine port for loading but is assumed as such in order to compute haulage charges or/and tariff for inland. Also known as commercial port of loading.
The practice of liberally interpreting, or manipulating, accounting rules in order to convey a stronger financial position. Smoothing income flows, reversing RESERVES, and capitalizing costs that should be expensed are forms of
The joining of service capability from either inside or outside a business, or both, to realize the same goal. Outsourcing, as an example, can provide internal expertise missing within a company and
A FOREIGN EXCHANGE PEGGING process based on official CENTRAL BANK intervention activity that adjusts the value of the local currency through small preannounced changes or average target rates over a period of
Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,
The scientific use of man made systems and natural elements that is made to reproduce itself. It is similar to general systems theory. The communication and control feedback system is the focus
Telegraphy is the long-distance transmission of written messages without physical transport of letters. It is a compound term formed from the Greek words far and write. Radiotelegraphy or wireless telegraphy transmits messages
A Call Accounting System is a telecommunications software or hardware application that captures, records, and costs telephone usage events.
An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the best performing ASSET in a PORTFOLIO. See also CALL ON THE
A facility that identifies and displays the telephone numbers of incoming calls made to a particular line.
When a customer’s order annuls any previous orders.
A borrowing agreement in which the person who received the loan pays a cap fee so that they can keep the interest rate below a specified limit regardless of the market rate.
The act of changing the capital structure of a company by combining or dividing shares to create shares of a different value.
Interest cost incurred during the time necessary to bring an asset to the condition and location for its intended use and included as part of the historical cost of acquiring the asset.
The percentage of generated secondary materials actually recovered from a household or business.
Any substance, radionuclide or radiation, that is an agent directly involved in causing cancer. This may be due to the ability to damage the genome or to the disruption of cellular metabolic
Occurs when an employee has reached the highest position level he or she can possibly obtain within an organisation and has no future prospect of being promoted due to a lack of