A planned and deliberate break for a journey that is longer than 24 hours.

Goods that don’t lose value or degrade over a fairly lengthy period of time.

1. Goods and materials that are not in transit but in long term containment, holding or placement. 2. Managing warehouse’s and store houses. 3. Cost of storing.

Mode of communication where the transmission is asynchronous. Data is held at the sender’s end until the recipient is ready to receive it.

The side of the store that is facing the street and has windows for displaying stock and has the store entrance.

Policy cover damage to property as well as injury to the store keeper.

Function associated with holding items of inventory. See store.

The space between two floors or between the floor and the building’s roof. Between 3.0 and 3.5metres high.

any stock associated with a news item whose price is expected to move either up or down.

Blueprint depicting sequence of scenes of a commercial for TV with sketches text and pictures.

The directives from the shipper to the transporter about a items must be stowed in order to prevent loss or damage.

The plan diagram showing where cargo is located on a vessel. Also known as the stowage plan.

Not negotiable bill as goods are paid or don’t need payment such as a donation. Identification needed on delivery. Also known as consignment bill of lading.

Method of compensating a sales person where no salary is paid only a percentage of sales. See straight salary plan.

A debt that cannot be changed into finance of a different form.

The calculation of the present value of any future cash flows without any compounding.

The premiums of the policy last the duration of the insured’s life to 100 years. Also called Continues premium whole life policy.

Method of calculating depreciation where the cost of the capital reduces by equal amounts for each period of accounting during an assets estimated life.

The method of keeping records in numerical order from the lowest to the highest.

Method of compensating a sales person where only a salary is paid with no commissions on sales.